Financial markets can be subject to periods of event-related volatility during which investor confidence can be significantly undermined. Here, we provide 10 key messages to help investors steer their portfolios through volatile times. Show More
US CLO issuance is at record pace but credit quality is slipping. US high yield bond covenants are at their worst since records began in 2011, even B and CCC rated bond covenants are weak, but in Europe high yield bond buyers are starting to push back on terms. US... Show More
The recovery in global stock markets has turned into one of the strongest bull markets on record, eclipsed only by the 1990s bubble in technology, media and telecoms. That in itself need not necessarily be cause for alarm. Records, as they say, are there to be broken and bull markets... Show More
CommSec Advisory’s Justin Wynne speaks with Tom Piotrowski about the upcoming February reporting season, including the factors to focus on in the results of the banks & miners. Show More
In the aftermath of the Global Financial Crisis (GFC), the traditional method of lowering interest rates failed to promote meaningful growth or inflation. This prompted several major central banks, including the US Federal Reserve (Fed), to undertake ‘extraordinary’ monetary policy measures to stimulate their economies. The effect of such an... Show More
China’s central bank balance sheet is the biggest central bank balance sheet in the global economy, and has been for several years. That reflects China’s two bouts of QE over the past 10 years. Initially China carried out a type of QE we label ‘FX QE’, i.e. from 2009 through... Show More
We often lose sight of what drives markets. It’s a question as complex as it is simple. We can become lost in information, research and opinions, but ultimately we need to re-centre on this critical question: what drives markets? Show More
In the first in a series of three new interviews with Giselle Roux, we turn our minds to the big picture for 2017, and ask what she believes to be the market's single biggest market driver. Giselle is CIO at Wealth Management firm Escala Partners, which manages over $2 billion... Show More
In The Australian Financial Review I argue that it is misguided to conceive of He-Who-Must-Not-Be-Named as irrational, a radical reformer, or a right-wing zealot—history suggests he is none of these things. While one can quibble with his ethics, morality, consistency and personal style, he is unambiguously the pure American profit... Show More
The Australian economy is showing signs of growing at an acceptably firm pace over the medium term and with inflation starting to lift towards the RBA’s 2-3% target according to recent commentaries by the RBA including the speech given by Governor Philip Lowe yesterday. There are several key assessments and... Show More
Australian Initial Public Offerings (IPOs) significantly outperformed the broader share market in the third quarter of 2016, with the average gain on the 24 companies which listed on the Australian Securities Exchange (ASX) striking 28.2%, an impressive outperformance over the S&P/ASX 200, which returned 3.9%, the OnMarket Third Quarter IPO... Show More
If you’re wondering what has caused markets to turn, you need to take a look at six market factors all conveniently beginning with the letter C – China, consumer demand, commodities, currencies, central banks and company earnings. Show More
A number of people have started to ask us whether we think now is a good time to get into the market, or whether they should hold off. Has the market fallen far enough to find value? Show More
There were few surprises in the BHP result last night. BHP’s revenue declined 21.4% and normalized NPAT from continuing operations declined 70.5%. Basic earnings per share declined from $2.50 to $1.20, putting the shares of this cyclical business on a price to earnings multiple of close to 20x. We have... Show More
How far does the market have to fall before value emerges? So far this month, the Australian market has corrected just over 4 per cent. A number of factors have driven the falls, including themes that we have been talking about for some time such as slumping iron ore prices,... Show More
Sunset Strip | Aussie market started negative and then traded up and down with lack of any strong sentiment. The market is currently waiting for clarity from US Fed on their interest rate outlook. BHP and RIO are now buy ideas when you look at the supply/demand and volume/margin dynamics.... Show More
Sunset Strip | Aussie market pulled back with falling Iron Ore price. We continue to be negative in the short term as the markets have run too far ahead of reality. Market has broken the technical support level over the past week and flags likely profit taking on Friday. Given... Show More
The global economic outlook - implications for investors : http://www.ampcapital.com.au/article-detail?alias=/olivers-insights/august-2014/the-global-economic-outlook-implications-for-inves Show More
Despite slight falls in US and European shares on Friday on the back of slightly less dovish comments from US Federal Reserve (Fed) Chair Janet Yellen and renewed tensions regarding Ukraine, share markets continued to move up over the past week as a whole helped by a combination of good... Show More
A wrap-up of the markets in our latest edition of Market Watch: http://www.ampcapital.com.au/site-assets/articles/market-watch/2014/market-watch-june-2014 Show More