consensus

Big caps have been swinging like small caps. A look at consensus targets shows which ASX 20 stocks may be set for fireworks in 2026.

“Forward earnings” and PEs are biased, create unduly upbeat valuations, weaken the quality of earnings – and thus eventually induce losses.

Jerome Powell chairs the Board of Governors of the U.S. Federal Reserve. His speech at the Fed’s Jackson Hole Symposium disappointed and even shocked many people. It’s...

It’s “an article of faith among Wall Street research departments,” wrote David Dreman in Contrarian Investment Strategy (1979): “nothing is as important in the...

We believe there is a material risk that elevated inflation will persist and force the Fed to implement more aggressive monetary tightening than many expect. This...

Just like lying to your doctor about your alcohol consumption, or telling strangers that you've never watched The Bachelor, many of us (read: most) might not want to...

In the past week client questions have centred around five key topics. These are our answers. 1. How ‘wrong’ is consensus on economic growth? Traditional...

It started out as a whisper in early 2017, but by early 2018, it had reached a roar: “inflation is coming,” they yelled. After a decade mired in sub-par growth and...