By John Abernethy, Chief Investment Officer at Clime Asset Management Wednesday, 5 February 2014 The ramifications of the reduction in the quantitative easing program (QE3) by the US Federal Reserve (Fed) are now playing havoc in currency, equity and bond markets. A particularly negative ... Read more
Emerging Market Volatility Impact — by Roger Bridges, Head of Fixed Income at Tyndall AM
Impact of Recent Emerging Market Turbulence On Global Outlook Please click on the link above. On Friday 24 January, the currencies of Argentina, Turkey, Brazil, South Africa, India and Russia all slumped in value following the flash print of the HSBC Chinese manufacturing index, which ... Read more
What the price charts say about US and Australian shares, gold and oil.
As we put away our Santa hats, it is time to reflect on global sharemarkets and what may be in store for us in 2014 after a contentious year. Looking at the charts, we find the US sharemarket, as reflected in the Dow Jones Industrial Average iNdex approached the year-end in a vulnerable ... Read more
Beijing reforms race rising debt —Business Spectator
by Peter Cai 2014 will be year zero for China’s bold reform plan. It will also be the year that will test the country’s tradition of defying doomsayers. The Chinese government wants to pursue two set of conflicting goals this year: implementing the bold reforms unveiled at the ... Read more
Sydney’s property dam is about to burst
by Robert Gottliebsen New ingredients are emerging that look set to generate a surplus of apartments in Sydney in two or three years – the first time that has happened for a long time. The two new ingredients are the emergence of Chinese developers and a ... Read more
The risks and rewards in the taper —Business Spectator
By Robert Gottliebsen The rules for the world's capital markets have now changed. Since the US began printing money vast sums have found their way into investment banks and have been distributed around the world – often chasing high yields in either Europe ... Read more
What if Qantas sold its frequent flyer program?
Turbulence ahead for Qantas's Frequent Flyer scheme? by David Flynn, editor of Australian Business Traveller Qantas's warning of a loss of up to $300 million over the past six months and even tougher times ahead, coupled with the dramatic (if not over-dramatised) downgrade to a "junk" credit ... Read more
The View —Understanding Australian Interest Rates
By John Abernethy, Chief Investment Officer at Clime Asset Management Wednesday, 4 December 2013 This week we will scan across some interesting charts which will give us an insight into the direction of interest rates in 2014. These charts will show the perversion of international bond ... Read more
A calmer eurozone still faces foreign risks
By Callam Pickering (Business Spectator) The financial risks from within the eurozone have declined this year but the external risks have increased, which is largely due to the uncertainty surrounding the Fed’s taper. According to the European Central Bank, systemic stress in ... Read more
The View — Reserve Bank charts a difficult outlook
John Abernethy, Chief Investment Officer at Clime Asset Management Wednesday, 20 November 2013 The recent release of the Reserve Bank of Australia (RBA) Economic Chart Book creates a good opportunity to review some key drivers of the Australian economy. More importantly, it allows us to put ... Read more