Oliver’s Insights – Central banks heading towards the easing exits – five reasons for investors not to be too concerned

The attached note looks at the gradual shift towards the exits from ultra-easy monetary policy by major central banks and the implications for investment markets. The key points are as follows: The gradual shift of central banks including the Fed and RBA towards an exit from monetary easing has caused some volatility in investment markets.…

Oliver’s Insights – Market outlook Q&A – disconnect to real economy, growth v value, vaccines, property, gold, inflation and other issues

The attached note covers the main questions investors have in a simple Q&A format. The key points are as follows: Share markets often lead economic recoveries so the current apparent disconnect is not that unusual. Share markets are likely to see a rotation in favour of cyclical stocks relative to growth stocks and this would…

Oliver’s Insights – Australian house prices back from the abyss – seven things you need to know about the Australian property market

The attached note takes a look at the outlook for the Australian residential property market. The key points are as follows: The Australian housing market remains far more complicated than optimists & doomsters portray it to be. Yes, it’s expensive and heavily indebted but talk of mortgage stress is overstated & it’s been undersupplied. The…

Oliver’s Insights – RBA cuts rates to a new record low – why? will it work? how low will rates go? and what does it mean for investors?

The attached note looks at the Reserve Bank of Australia’s decision to cut the official cash rate by 0.25% to a new record low of 1.25%. The key points are as follows: The RBA’s latest rate cut is aimed at heading off a further slowing in growth which would threaten higher unemployment and lower for…