Trends & Opportunities

Unravelling the policy of new normal

2021 brought the recovery many had hoped for. Businesses reopened, commuters returned to their desks, and the bravest of us even went on holiday. But no one could describe it as ‘getting back to normal’ amid rocketing energy prices, high debt levels, and past-the-peak growth. These conditions increase the risk of a policy mistake in…

The one thing that’s certain is uncertainty

Bond markets saw plenty of volatility in October as yields spiked. We continue to focus on managing downside risk, but we plan to take some duration risk in longer maturities once yields start to stabilise. The end of October witnessed a large spike in yields and volatility in the Australian bond market. Bond yields have…

Sorting through ASX Agriculture Stocks

Long term investors are often on the lookout for stocks that stand to benefit from emerging global trends. Few would deny that given the burgeoning demand for more and better food, agriculture qualifies as a megatrend. The world’s population is growing and the rapid expansion of the middle classes around the world are propelling the…

Green hydrogen is central to plans to achieve net zero

A cost disadvantage needs to be overcome first. The US has launched a ‘hydrogen shot’ known as ‘111’ for one dollar for one kilo in one decade. The UK intends to be the “Qatar of hydrogen”. Japan wants to be a “hydrogen society”. China, with 53 projects underway, is a “potential hydrogen giant” in a…

Residential Community Village Property Stocks Recovering

Property stocks were hit hard at the onset of the COVID 19 Pandemic but recovered quickly with most still rising. Stocks in the sector that offer lifestyle residential communities and holiday parks have outperformed all but one of the top five ASX listed property groups that specialise in commercial and retail properties with one also…

What is Bitcoin’s fundamental value?

As it hits new highs, there is no shortage of bold predictions about Bitcoin reaching US$100,000 or more. Often these are based on not much more than extrapolations by people with vested interests: the price has gone up a lot so it will keep going up. If it gets above its previous high, it must…

Healthcare’s Role in the Fight Against Climate Change

With a long-term approach to sustainability, hospitals and healthcare systems can help create a healthier planet—and healthier people. Extreme weather events such as hurricanes, tornadoes, floods, blizzards, droughts and wildfires can wreak havoc on the air we breathe, the water we drink and the food we eat. The resulting power outages, emergency evacuations, transportation disruptions…

Australia’s strange W-shaped recovery

The Reserve Bank has used Friday’s quarterly assessment of the economy to declare that lockdowns have “delayed but not derailed” Australia’s recovery. It says economic activity probably contracted 2.5% in the three months to September, but the December quarter (the one we are in now) will regain most of what was lost, leaving the economy…

Climate investing: The inconvenient truth

Perhaps the most powerful thing about Al Gore’s 2006 documentary about global warming was its title. Climate change remains ‘An Inconvenient Truth’. It would be great if human activity were not the cause of potentially irreversible damage to our planet. But it is. We know that. And as we approach the COP-26 climate summit in…

Hydrogen Fuel Cell Technology Emerging

Even the most skeptical of skeptics questioning the demise of the internal combustion engine (ICE) due to an electric vehicle (EV) “megatrend” have to take pause out of some recent news in the US. It seems the world’s largest EV manufacturer, Tesla, has inked a deal with one of the largest car rental company’s on…