Central bank groupthink across the world means that although inflation targeting has largely worked over the past three decades, effectiveness has waned and become marginal.
Understanding compounding and portfolio rebalancing could have helped investors overcome emotion-driven decisions during a turbulent six months for stock markets. Duncan Lamont shares why.
In a political and economic landscape where extremes are the new normal separating signals from noise is important. We review recent market events and juxtapose the suite of yield stocks to The Truman Show.
Passive credit investors could be facing significant downgrade losses when the next economic downturn hits. Active managers, however, have the flexibility to manage these risks more efficiently.
The divergence between growth and value parts of the market has been extreme and could be due a turnaround. Written by Rory Bateman, Global Head of Equities.
The decision by the RBA to cut rates to a new historic low of 1% officially puts Australia in the low rates club, but can the push by central banks to lower rates stabilise global growth? Extreme events – either recession or a sharp uptick in growth – seem unlikely in the near term.
Investors tend to remember the most recent events with more clarity and accuracy than those that have occurred in the past. With markets setting new record highs investors are upbeat and quickly forgetting the market volatility of 2018. This ‘recency effect’ risks seeing investors take on more risk at precisely the wrong time as headwinds to the recent bull market continue to build.