When we spoke with Charlie Jamieson from Jamieson Coote Bonds about Australian rates back in April, he told us to expect the two cuts we’ve seen since. So, where to from here? “We absolutely believe the RBA has more to do, and we fully expect rate cuts in February next... Show More
After the RBA’s latest cut to official rates, many investors will be tempted to take some of their money out of cash in pursuit of the high dividend yields offered by our banks. But are these yields sustainable as the banks feel the squeeze from margin pressure and increased liquidity... Show More
Aussie market fell on the open but recovered through the day on the back of the yield trade ahead of the CPI data tomorrow to finish in the black. That’s 21 positive days out of 28 trading days since mid-June. The market was betting on weak CPI data to drive... Show More
Aussie market flip flopped between China stimulus, NZ deflation worry and falling local consumer sentiment before Chinese market selloff and falling US market futures really took the market down south. The worry about US market was clear to see today as the selling came in hard in the last few... Show More
Aussie market started positive and remained there with unemployment holding steady. The two main thematics that remain key about employment data are (1) it is going to get worse (2) it is going to remain above 6% for a lot longer than expected. The negative global lead from US seems... Show More
Sunset Strip | Aussie market continues the recovery from fair value (i.e. after OPEC carnage) with slightly better domestic data. Brokers are now jumping over each other to be biggest bear and call for the earliest and the biggest RBA rate cut in 2015. This is after majority of them... Show More
Sunset Strip | Aussie market took a breather with weak China and housing data despite positive global lead. BOJ delivered a surprise stimulus kicker for global markets and tried to keep Japan on the recovery path. Domestic economy is stuck in low growth while policy offering from all sides of... Show More
Sunset Strip | Aussie market was back on the positive run with solid global sentiment. Aussie yield stocks continue move up while the miners remained in the positive territory despite falling Iron Ore and China property worries. We continue to feel that RBA is currently trying to curb asset prices... Show More
Sunset Strip | Aussie market continued the positive sentiment and delivered a small positive in line with US markets. We continue to feel that RBA is currently trying to curb asset prices (i.e. house prices, equity markets etc.) with inflation under control, so that they can cut rates in mid-2015... Show More
Sunset Strip | Aussie market continued the positive sentiment with global markets turning positive over the weekend. Global markets have had their correction they needed to have and now recovering on valuation support. We continue to expect the recovery to be similar to Jan/Feb recovery to previous high. Recent downgrades... Show More
Sunset Strip | Aussie market continued the positive sentiment despite falling Iron Ore, rising geopolitical risks and high global market volatility. Recent trading in US shows it has dropped nearly 10% from 2014 high to recent lows while Germany has pulled back over 20% and UK over 13%. Recent downgrades... Show More
Sunset Strip | Aussie market bounced back up against the global trend with Iron Ore recovery, China reducing bank borrowing costs, currency recovering and banking sector downplaying loan restrictions. RBA tried in vain to talk down the currency and the market today....rate cut anyone!!! We remain negative on the domestic... Show More
Sunset Strip | Aussie market got hammered with a perfect storm of Euro growth worries on German downgrades, US market selloff, house prices cooling and falling Iron Ore. We went negative early Sep on valuation and geopolitical risks, but it seems we went positive too early in late Sep by... Show More