Looking at news headlines, there seems to be a growing consensus of an impending recession by 2020. To support this view, many have pointed towards a flattening yield curve. But James Sweeney, chief economist at Credit Suisse says otherwise. “My view is that we're not likely to have a new... Show More
It has been a very active half year in the Australian Alternative Finance (AltFi) market. Since my previous wire on the key themes expected for 2018, the market has continued to grow and evolve. The themes were: 1) Continued Growth, 2) Consolidation of Lenders; and 3) Transparency via Listings. Show More
Zinc prices are at 10-year highs but you wouldn’t know it from looking at the share prices of the zinc project developers. While producers are enjoying good times on the bourse, shares in the next generation of zinc miners are drifting. But analysts say the developers offer plenty of upside. Show More
It’s been a quiet month for gold, with the yellow metal up slightly, despite a reduction in net longs, minor ETF outflows, and a rally in risk assets. Sentiment has definitely turned though, with a buy-the-dips mentality emerging amongst banks, including UBS and Credit Suisse, whilst Peter Grandich thinks “the... Show More
On Monday, a Swiss friend was bemoaning the dramatic fall in the share prices of Credit Suisse and UBS. Indeed, in terms of market cap UBS, CS and Deutsche Bank combined were worth slightly more than Commonwealth Bank. Despite working in finance, the Swiss friend has not heard of this... Show More
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Why does the world's richest country need wealthy foreigners to fund it's own entrepreneurs? That is one conclusion to come from last weeks news that SIV applicants may need to tip a couple of million dollars into start-up and emerging companies in order to obtain a visa. Show More
Coking coal prices slump to a six year low forcing industry heavy weights to consider more mine closures. The Australian has an excellent article highlighting how expansions that were approved during the boom times have flooded the market and put prices under significant pressure. The June quarter coking coal contract... Show More
Credit Suisse global equities strategist Andrew Garthwaite recently laid seven concrete investing ideas for 2014. Underlying the ideas presented is a belief that global GDP growth will accelerate to 3.75% by the end of next year. When it comes to specific trade ideas Credit Suisse recommends being overweight equities although... Show More
A poor night for gold, with prices failing to hold $1300. Hope of a debt ceiling 'deal' - even though it will in all likelihood just be a 6 week extension/can-kick saw most risk assets rally strongly, even as jobless claims spiked to 374,000, highlighting precarious nature of the US... Show More