We all want to pick a winner on Melbourne Cup Day! So once a year, on the first Tuesday in November, we become experts – scrupulously studying form guides, watching the movement in TAB odds and calling ‘mates’ you haven’t spoken to for 11 months and 29 days for an... Show More
2015 is coming to an end so it’s time to pull out the crystal ball and have a look at what 2016 might hold for investors. Is the outlook for equities bullish or bearish? Big caps have had a tough year in 2015 with small caps the clear outperformers or... Show More
In the third and final edition of our 2016 'outlook' series we ask our contributors for their view on the outlook for equities, if small caps will continue to outperform big caps and their #1 stock pick for 2016. We even manage to get a stock pick from Matthew! We... Show More
In part two of our three-part 'outlook' series we ask our contributors for their view on where interest rates and the dollar are heading in 2016. We also ask 'what is the one thing the market has priced as certain that you think will NOT HAPPEN in 2016?'. Matthew Kidman... Show More
The market is pricing in low oil prices into the foreseeable future, however, I expect to see a price increase in the second half of next calendar year as inventories clear. The oil price has fallen from well over $100 a barrel 18 months ago to be trading below $40... Show More
The market is pricing in a recession scenario for the Australian Banks. The sector is pricing in a ramp-up of bad debts over the next couple of years, however, we think the Australian economy is proving more resilient than many people think and the bad debt experience for the... Show More
As interest rates have fallen forcing investors to look for yield in risk assets, income has been re-rated versus growth. We believe this re-rating of income generating assets has run its course. Low growth, mature share markets like ours are looking expensive relative to others with stronger growth prospects. You... Show More
My colleague and I fancy ourselves as small cap specialists so one of the interesting features of the market over the past year has been the attempt of small cap resources to get off the floor. The Small Resources Index rallied over 10% 3 times in 2015; in February, April,... Show More
In part one of a three-part 'outlook' series we have picked five big issues that the markets will be following closely in 2016. In this new format six regular Livewire contributors give their view either True or False to each scenario. These are the topics covered: BHP will cut their... Show More