Fidelity International

We conducted a cross-asset scenario analysis on potential outcomes from the upcoming midterm elections in the United States. Using both a macro and a bottom-up approach, our base case was for a Democratic House of Representatives and a Republican Senate, but we also considered the possibility of a sweep in... Show More

Callum Thomas

Just wanted to quickly share this chart - it shows consumer sentiment across developed and emerging economies (GDP weighted) using the Reuters/Ipsos Consumer Sentiment Indexes. The chart (from my latest report) shows a clear trend towards new highs in consumer confidence for developed economies, and while emerging markets stumbled in... Show More

Fidelity International

This term, which sounds silly taken literally, acknowledges the importance of the US consumer to the global economy ever since the US became the world’s largest economy in 1916. US GDP is about 68% consumption, which is a bigger number than for other large economies. Chinese consumers, for instance, only... Show More

PM Capital

There are 3 major areas of the economy PM CAPITAL watch closely, says Portfolio Manager Uday Cheruvu: industrial, consumer and services. The industrial sector is indicating a slight slowdown, but not a recession. Consumers are spending, and they’re growing their spending - they’re starting to spend their oil savings. He... Show More

Livewire News

Scott Krisiloff and his team at Avondale Asset Management read dozens of transcripts from earnings calls in the US in order to get a sense for what’s happening in the ‘real economy’. This week, the message has been that despite problems in resources and European banks, the US consumer is... Show More

Elliot Clarke

This week sees the release of a number of key data points: Q4 China GDP; Westpac-MI consumer sentiment for January; and inflation updates in NZ and the US. Also the Bank of Canada will likely err towards another rate cut; in contrast, we expect little change from the ECB, with... Show More

Elliot Clarke

This week saw positive updates on consumer sentiment and the labour market. Together they give the RBA strong justification to remain on hold and await further information on the health of the domestic and global economy come 2016. The November Westpac-MI Consumer Sentiment release provided a number of interesting contrasts:... Show More

Mathan Somasundaram

Slowing growth and underperforming old economy stocks, like banks and miners, have not taken the wind away from the outperforming Australian technology stocks. The MITCH (Media, Information, Telecommunication, Consumer and Health) universe allows us to sieve the market for sectors where the growth outlook is heavily aligned to change in... Show More

Mathan Somasundaram

Slowing global and domestic growth has not taken the wind away from the outperforming Australian technology stocks. Technology stocks in the US are trading at historically high multiples with expanding margins and improving revenue, while Australian counterparts are at the early stages of their global exposure. We continue to see... Show More

Saxo Capital Markets Australia

Has Coca Cola lost its fizz? Saxo Bank Head of Equity Strategy Peter Garnry says the market is expecting negative results for Coca Cola as the consumption of soft drinks is declining in Coca Cola's core markets United States and Europe. The strong USD and changing preferences for healthier drinks have... Show More

Livewire Exclusive

John Abernethy, Chairman of Clime, is finding it difficult to identify attractive investment opportunities in Australia. When pressed on how he would invest $1000 Abernethy turned his attention to China and specifically the companies that are levered to the emerging Chinese consumer. There are two themes driving his thesis: Firstly,... Show More