This is an article published on Livewire recently. Ying Yi Ann Cheng, Portfolio Management Director at Coolabah Capital Investments, says the manager spent almost one billion dollars buying assets in March 2020 in anticipation of the fiscal and monetary policy stimulus packages that ultimately lead to a strong market recovery. At the time, many investors
Why Coolabah is painting a rosy picture for 2021 Read More »
In a new report published today we argue that this year has seen a sea change in the operation of monetary policy in Australia with the Reserve Bank adopting several unconventional measures that have been part and parcel of its peers’ policy toolkits since the global financial crisis. With the cash rate now at the Reserve
QE, the collapse of the money multiplier, and the bond multiplier Read More »
This is an article portfolio manager Christopher Joye published on Livewire recently. Consistent with our March 2020 forecast for a very mild 0% to 5% correction in national house prices followed by a recovery around six months later, CoreLogic has reported today that national dwelling values increased by 0.4% in October for the first time
Aussie house prices increase in October (in line with our March 2020 forecast) Read More »
In the seventh session of Wattle Partner’s ‘Market Thinkers’ series, Chief Investment Officer and Portfolio Manager, Christopher Joye, discusses with Jamie Nemtsas and Drew Meredith the topic of: “Pandemics, Money Printing and Property Prices.”
Wattle Partners, Market Thinkers Episode #7 Read More »
Authored by Dr James Yang, Senior Data Scientist, Christopher Joye, Chief Investment Officer, Matthew Coleman, Senior Consultant, Coolabah Capital Investments. This brief note seeks to provide some evidence on how tight state government (semi) bond spreads in Australia could go in an environment in which the RBA is seeking to drive the jobless rate back
How tight can semi-spreads go post QE? Read More »
Authored by Kieran Davies; Coolabah Capital Investments. For a number of months now Coolabah Capital Investments (CCI) has forecast that the RBA would embark on another round of policy easing, which is a view that markets have gradually come to embrace. This note summarises our current expectations regarding the precise policy mix the RBA will
Aggressive RBA Policy Easing in November Read More »
Coolabah’s unique COVID-19 forecasting framework, which in March correctly predicted an early April peak for the number of new infections in key countries like the US and Australia when epidemiologists were advising the peak would be months later, is the 5th most downloaded public health research paper in the world according to the academic publishing
Coolabah COVID-19 Forecasting Model 5th Most Downloaded Health Paper in World Read More »
Authored by Kai Lin, Christopher Joye, Nathan Giang, and Dr Adam Richardson; Coolabah Capital Investments. As the novel coronavirus and its associated disease COVID-19 started to rapidly transmit around the world in early 2020, the financial, social and health impacts represented a 1-in-100 year shock, the likes of which had not been observed since the
Authored by Kai Lin and Christopher Joye, Coolabah Capital Investments. As we move through “peak virus”, our team has spent time reflecting on significant trigger points that might precipitate fundamental changes in future market sentiment. In this note, we publish preliminary internal forecasts for the distribution of COVID-19 infections in the US and Australia focussing
Peak Virus: Forecasting the Peak in COVID-19 Infections in the US and Australia Read More »
This is an article portfolio manager Christopher Joye published on Livewire recently. Today I write that housing boom is tracking more or less exactly as we expected, and based on the RBA’s model of housing dynamics one should pencil in total capital gains of circa 20 per cent this cycle assuming no further reductions in
House prices to rise at 20 per cent this cycle Read More »
