Worried about a recession? One powerful group of traders are betting we won’t sink into one!

Brendon Lau

Vantage Point Partners

Are you fretting that we could be poised to slump into a recession? No one will blame you as both equities and credit markets are pricing in a strong probability that Australia’s golden 29-year recession-free run is coming to an abrupt end. The S&P/ASX 200 is threatening to slip into a bear market while Australian sovereigns are rallying on safe-haven buying. What’s more worrying, the latest sell-off seems to be led by our Big Bank stocks – not resources. The banking sector is the new whipping boy of the ASX. It’s debatable whether we will succumb to a recession, although investors should be nervous that markets are pricing for one as markets are more often right than wrong. People who are willing to put their money where their mouth is usually are. But one of the world's most powerful group of traders are betting that Australia won’t slip into a recession. I am talking about traders in the $5.3 trillion a day currency market. This is the biggest market in the world and towers over equities and credit. (VIEW LINK)


Brendon Lau
Brendon Lau
Associate Director - Investor Relations
Vantage Point Partners

I am with Australia's leading small caps investor relations and media relations firm, Media & Capital Partners. I worked as a small caps analyst and journalist prior to MC Partners. Views are my own and should not be regarded as advice or...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.