September 2019 - NZ | Coolabah Capital Investments

Kissinger: Why Traders Are Smarter Than Investors

While studying at Cambridge University in 2003 I got a letter from former US secretary of state Henry Kissinger, inviting me to meet him in New York. I naturally embraced the opportunity. I recall walking into his stuffy office overlooking Park Avenue, adorned with literally hundreds of photos of Kissinger standing alongside heads of state and […]

Kissinger: Why Traders Are Smarter Than Investors Read More »

Capitalism is dead

Article, Livewire, Opinion / coolabahcap

Today I argue that in response to the 2008 crisis central banks and treasuries have thrown the baby out with the bathwater. Unable to tolerate the pain associated with capitalism’s most important attribute, “creative destruction” – or the cathartic process by which markets punish bad businesses and reward good ones – government agencies decided that

Capitalism is dead Read More »

ECB shunts RBA one step closer to QE

Article, Livewire / coolabahcap

This weekend I write that the ECB’s decision to start buying bonds again to reduce the long-term cost of capital (aka QE)—coupled with the Fed cutting in a few days—will only amplify pressure on the RBA to follow-suit (click on that link or AFR subs can click here). I also argue that it is high time APRA

ECB shunts RBA one step closer to QE Read More »

This housing boom is very different

Article, Livewire / coolabahcap

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

This housing boom is very different Read More »

Select Your Region

By clicking I confirm below, you confirm that you are an Australian resident, or will only access Fund Information as a unitholder in a Fund issued by Equity Trustees Limited, and you accept all of the Terms of Use of this website, which may be found here.

By clicking I confirm below, you confirm that you are a New Zealand resident, or will only access Fund Information as a unitholder in a Fund issued by Fund Rock NZ Limited, and you accept all of the Terms of Use of this website, which may be found here.

By clicking I confirm below, you confirm that you are a qualified / professional investor or equivalent in the United Kingdom or Europe. You also confirm that by accessing this website, you will not contravene, or cause Coolabah or any of its affiliates to contravene, any law that seeks to regulate financial promotions both in the country of your residence and in the country in which you are viewing this webpage and you accept all of the Terms of Use of this website, which may be found here.

By clicking I confirm below, you confirm that you are a qualified / professional investor or equivalent in the United States of America. You also confirm that by accessing this website, you will not contravene, or cause Coolabah or any of its affiliates to contravene, any law that seeks to regulate financial promotions both in the country of your residence and in the country in which you are viewing this webpage and you accept all of the Terms of Use of this website, which may be found here.

By clicking I confirm below, you confirm that you are a qualified / professional investor or equivalent in the relevant jurisdiction where the vehicle is permitted to be marketed to. You also confirm that by accessing this website, you will not contravene, or cause Coolabah or any of its affiliates to contravene, any law that seeks to regulate financial promotions both in the country of your residence and in the country in which you are viewing this webpage and you accept all of the Terms of Use of this website, which may be found here.