25
Jan

2017 – a list of lists regarding the macro investment outlook

2017 – a list of lists regarding the macro investment outlook Despite a terrible start to the year and a few political surprises along the way, 2016 saw good returns for diversified investors who held their nerve. Balanced super funds had returns around 7.5%, which is pretty good given inflation was just 1.5%. 2017 is commencing with…
08
Dec

Review of 2016, outlook for 2017 – looking better despite the political noise

Review of 2016, outlook for 2017 - looking better despite the political noise 2016 - a messy but okay year US share market analyst Joe Granville once observed that “if it’s obvious, it’s obviously wrong”. 2016 was perhaps remarkable for the things that many thought were obvious at the start of the year but did not happen:…
30
Nov

Brexit, Trump…Itexit, Le Pen, Eurozone break-up…or is Europe different? Implications for investors

Brexit, Trump...Itexit, Le Pen, Eurozone break-up...or is Europe different? Implications for investors Introduction After the recent experience with the Brexit vote in the UK and election of Donald Trump as President of the US which are indicative of a nationalist backlash against the pro-globalisation establishment, there is a fear that Europe will go the same way with…
24
Nov

The 9 (bad) habits of highly ineffective investors – the common mistakes investors make

The 9 (bad) habits of highly ineffective investors - the common mistakes investors make In the upside-down world logic that applies to much of investing, there are a bunch of mistakes investors often make which makes it harder for them to reach their financial goals. This note looks at the nine most common mistakes investors make. Mistake…
15
Nov

The end of the super cycle bull market in bonds?

The end of the super cycle bull market in bonds? From record lows just after the Brexit vote – government bond yields have spiked higher. Ten year bond yields have risen from 1.36% in the US to 2.2%, from -0.19% in Germany to 0.31% and from 1.81% in Australia to 2.64% in four months. This in turn…
10
Nov

Donald Trump elected President of the US. Implications for investors and Australia.

Donald Trump elected President of the US. Implications for investors and Australia. After a seemingly long and difficult campaign Donald Trump has been elected president of the United States with the Republican Party retaining control of the House, and the Senate, in Congress. Just as we saw with the Brexit vote, the combination of rising inequality, stagnant…
01
Nov

The US election and investment markets, including implications for Australia

The US election and investment markets, including implications for Australia Perhaps the best that can be said of the US election is that it will soon be over. While polls had been moving in favour of a Clinton victory, the FBI's announcement that it is examining new emails in relation to her use of a private email…
26
Oct

54.2 million worries – five ways to help manage the noise and turn down the worry list

54.2 million worries - five ways to help manage the noise asnd turn down the worry list We are going through one of those periods where it seems there is a long list of things for investors to worry about: the US election; the Fed; ever present fears about a break of the Eurozone; and China.