PLACEHOLDER WARNING: DUMMY NOTIFICATION FOR SECURITY EVENT
Today I explain why this housing boom is very different to its predecessors, and should not constrain the RBA from cutting rates further to hit its inflation and employment objectives (click on that link to read or AFR subs can click here). Excerpt enclosed: House prices are already higher than they have ever been in outright terms – and […]
Housing Boom is Back, Baby! Read More »
I’ve written a lot about the coming of Aussie QE since we first forecast it in May this year (the notion was dismissed by many at the time), and there is mounting evidence that the RBA is slowly starting to burnish its narrative on this front, as we have suggested they should do. The RBA’s August board
RBA Signalling QE May Be Coming Read More »
Today I argue that since we blindsided participants by first putting the likelihood of the Reserve Bank of Australia launching quantitative easing (QE) back in May, there has been no end of gas-bagging initially dismissing the possibility, then reluctantly acknowledging it and now thinking about how to trade it. In its August board minutes, the RBA
QE Will Create Wave of Zombie Companies Read More »
At the end of May we prepared this essay on the changing probabilities in Trump’s trade war, which explained that the end-game for many in Washington was, in fact, no deal. The goal was, on the contrary, the imposition of widespread tariffs on all Chinese exports in order to shift US supply chains out of
China drops to No.3 US trading partner… Read More »
This is an article portfolio manager Christopher Joye published on Livewire recently. The back-story… I try to put my money where my mouth is. A couple of months prior to the Federal Election, we shifted more than $100m into franked ASX hybrids for several reasons, including: The risk of cash refunds on franking credits being
Is it time to buy hybrids? Read More »
