Monetary Intervention Isn’t Quite Going To Plan
As interest rates approach zero in much of the western world, the linear relationship which economists expect from their monetary intervention isn’t quite going to plan. Rather than igniting animal spirits and spurring spending, declining rates are creating insatiable demand and stratospheric prices for safe haven assets whilst doing nothing for the velocity of money…
Investor Signposts 8 July 19: Post-Election Results
CommSec Chief Economist Craig James previews the economic & financial market events scheduled for the week ahead including the NAB business survey, consumer confidence & China inflation. Australia: Post-election results • In the coming week there will be more insights into the post-election economic environment in terms of business conditions and consumer sentiment. • The…
The Case For Small To Mid-Caps
If you research Australia’s largest listed companies, you’ll discover that some of them were much smaller stocks not that long ago. Small or medium companies can be overlooked, given they’re often considered riskier than their large cap peers. Yet historically, investors have been rewarded for additional risk with superior long-term returns. What are small and…
CommSec Daily Report Wednesday
Latest news Aussie share are lifting for a second day and have hit fresh 11.5 year highs at lunch, with the ASX 200 index up 66pts or 1 per cent to 6635.4. A strong lead from Wall Street, encouraging signs for the US-China trade dispute and firmer commodity prices are boosting sentiment. Last night, President…
The Biggest Issues On The Mind Of Hamish Douglass
Trade wars, Brexit, “the Donald” and his tweets, market volatility – there’s a lot going on in the world at the moment. At the Future Generation Investment Forum, Australian Financial Review columnist Tony Boyd sat down to get Hamish Douglass’ read on the current situation. “There’s obviously a lot of noise going on and as…
CommSec Daily Report Wednsday
Latest News The Aussie market is continuing to improve on Wednesday with the possibility on lower interest rates helping boost shares. This follows on from a strong rally on Wall Street overnight as the US Fed signalled an openness to cutting US interest rates and the RBA cutting official rates by 0.25% yesterday, the first…
CommSec Daily Report Thursday
Latest news Aussie shares are slipping by 0.4 per cent on Thursday, with the ASX 200 falling back below 6500pts due mainly to profit taking on the major banks. It is worth mentioning this the market’s first fall in seven days and that equities hit a fresh 11.5 year high on Wednesday. The surprise Coalition…
CommSec Daily Report Tuesday
Latest News Selling has intensified for local shares on Tuesday with the escalation of US-China trade tensions. China announced that it will retaliate against the US tariff hike by lifting tariffs on $60 billion of US imports from June 1. US markets fell sharply overnight with the Dow Jones dropping more than 600 points and…
CommSec Daily Report Monday
Latest News Local shares have started the new trading week lower despite US shares finishing last week in positive territory and defying a better start as indicated by the SPI Futures. The ASX 200 is down 23 points or 0.35% to 6288 but is recovering from its lows on the open. US shares rebounded strongly…
CommSec Daily Report Friday
Latest news Aussie shares are lifting from a slow start, with the ASX 200 up 0.28 per cent at lunch. While this is enough for the index to break through 6,300pts, it falls short of pushing the market into positive territory this week. Gains from mining and energy stocks are making the biggest difference. The…
