The key points are as follows: The Australian Federal election has delivered a messy result suggesting an even more difficult Senate for the Coalition if it is able to form government and the risk of return to minority government. The risk is that we will see a further slippage in the budget outlook – with…
Key points are as follows… The success of Trump and Sanders in the US, the close Brexit vote and the Australian Federal Election campaign suggest median voters have shifted to the left and support for economic rationalist policies has fallen. The risk is that a reversal of such policies will be another contributor to constrained…
Key points are as follows… At extremes the investment crowd is invariably wrong. Everyone who wants to buy will have done so and the only way is down (or vice versa in crowd panics). The trouble with crowds is rooted in the lapses of logic observed by individual investors. Investors are best off taking a…
Key points are as follow… After decent gains in shares and other growth assets since February we could have a short term rough patch given risks around the Fed, Brexit, elections, etc. However, with most share markets offering reasonable value, global monetary conditions remaining easy and no sign of the much feared recession (in the…
Key points are as follows… A more dovish Fed, better Australian economic data, higher commodity prices and the reversal of high levels of shorts have seen the $A gain 12% from its January low. It could hit $US0.80 in the short term. However, the bounce is unlikely to be sustained with a continuation of the…
Kajanga Kulatunga – Portfolio Specialist, NAB Asset Management Investment markets can be unpredictable. Just when you get used to enjoying a prolonged period of strong returns, suddenly you can be faced with a wild share market rollercoaster and begin wondering whether you should get off. Content Investment markets can be unpredictable. Just when you get…
