The year 2025 made some very handy returns for investors. With a tail wind from interest rates cuts in most countries during the year ‘risk assets’ did very well. The…
Our previous post mentioned some particular asset returns from 2024. We also mentioned the divergence in Bonds, where short rates are coming down, yet long term rates have been going…
In the world of finance, the relationship between the Official Cash Rate and bond yields typically follows a predictable pattern: when the RBA or the Federal Reserve cuts interest rates,…
Most of my readers know I am apolitical and sceptical rather than cynical. I am not convinced that the ‘science’ on climate really is ‘settled’. I do agree that the…
This could be either the opportunity of a lifetime, or maybe the bear market in Bonds has further to run before that opportunity can be realised. Let’s dive in so that we can understand the risk/reward, and also make sense of the key terminologies of the bond market.
Share markets have posted solid returns in the financial year ended 30 June. While the month of June 2022 was a shocker, where the ASX fell 8.25% and the S&P500…
The complete Federal Budget paper is a 365 page document available here: https://budget.gov.au/2022-23/content/bp1/download/bp1_2022-23.pdf In the few headlines below we comment on the points that affect the most people, or which…
In Australia, Exchange Traded Funds (ETF’s) crossed the threshold into a $100 billion pool of investments during the first quarter of 2021. The milestone was even mentioned in mainstream press…
Returns from US Large Cap equities over the next 10 years will be lousy. Bonds will struggle to do any better. It is no secret that share markets, generally speaking,…