Even though the U.S. economic expansion enters its ninth year this month, a recession over our six-to 12-month cyclical horizon looks quite unlikely. Our models put the probability at less than 10%. But recessions are notoriously difficult to forecast. And even if we stay clear of one in the near ... Read more
Archives for July 2017
Is the $A too high? An update on our currency valuation models –By David Bassanese (Beta Shares)
The Australian dollar has recently broken above the top-end of its previous year-long range against the US dollar. In light of this event, this note updates our $A valuation models. While the models suggest the $A could remain north of US70c over at least the coming year, they do suggest limited ... Read more
ASIC chief blasts hybrids again —By Yield Report
Since the sub-prime crisis of 2008/2009, ASIC have had a history of warning investors of the perils of hybrid securities. The GFC forced investors to re-evaluate the price stability of hybrids as almost all securities of this type were sold down dramatically. While the prices of all hybrids with ... Read more
Barron’s Top 50 Advisers in Australia
We are so Proud to have made Barron's Top 50 Adviser list in Australia! It is all due to the Integrity, Loyalty, Care, Dedication, and Commitment to our esteemed clients by my team at Elixir Private Wealth that has resulted in this huge accolade. Thank you team! My photo is third from ... Read more
2016-17 saw strong returns for investors – 5 reasons why returns are likely to be solid in 2017-18 —Dr Shane Oliver, Chief Economist for AMP Capital
18 July 2017 Key points Despite a lengthy list of worries including Brexit, Trump and messy Australian growth, the past financial year saw strong returns for diversified investors as shares recovered from a rough time in 2015-16. Key lessons for investors from the last financial ... Read more
Sunrise Interview with Chris Riddell, Futurist, on how technology is changing our lives forever.
A good, short video clip on an interview with Chris Riddell, Futurist, on the Sunrise show on how technology is chaning our lives forever. Click on the link below to read: Sunrise Video Clip ... Read more
From goldilocks to taper tantrum 2.0 – a bit of turbulence hits markets. 3 reasons not to be fussed —Dr Shane Oliver, Chief Economist for AMP Capital
05 July 2017 Key points Central banks beyond the US are edging towards an exit from easy money. This is likely to cause bouts of volatility in shares and a rising trend in bond yields. However, its unlikely to derail the bull market in shares as any move to tightening reflects ... Read more
Statement by Philip Lowe, Governor: Monetary Policy Decision —Rates Unchanged!
Number 2017-13 Date 4 July 2017 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The broad-based pick-up in the global economy is continuing. Labour markets have tightened further in many countries and forecasts for global growth have been revised ... Read more
Resilience Is About How You Recharge, Not How You Endure —Harvard Business Review
As constant travellers and parents of a 2-year-old, we sometimes fantasize about how much work we can do when one of us gets on a plane, undistracted by phones, friends, and Finding Nemo. We race to get all our ground work done: packing, going through TSA, doing a last-minute work call, calling each ... Read more