Market Update – March 2023
Silicon Valley Bank (SVB)
Below is an update on developing news regarding the U.S. banking sector.
Market Update – September 2022
Tidal Wave
As highlighted two weeks ago, fundamentals have taken a back seat whilst the central bank's war on inflation drives investor sentiment.
Market Update – September 2022
ASX Reporting Season
Macroeconomic events overshadowed the recent ASX reporting season.
Fundamentals have taken a back seat whilst central bankers drive investor sentiment.
Market Update – August 2022
Pivot Party
The financial system has taken a small but noticeable exhale, most notably in the U.S. with equities and bonds rebounding from their June lows.
Some are calling this a pivot party, with the prospect of softening inflation data and, therefore, interest rate expectations placing a temporary floor under asset prices.
Market Update – June 2022
Bulls & Bears
Recent financial market developments have many investors understandably nervous.
Tackling price inflation through higher interest rates has become a global phenomenon. Tighter than expected financial conditions indicate a meaningful economic slowdown, and recent equity market weakness reflects this.
Market Update – June 2022
Front Loading
Last Tuesday, the RBA lifted its cash rate by +0.50% to 0.85%, the biggest rate hike in 22 years and the first back-to-back rate hike since May 2010.
Market Update – May 2022
Patient but attentive
The past few weeks have been challenging for investors as central banks embarked on increasing policy rates in the face of persistent inflation.
Market Update – ASX Reporting Period
Cost Control & Pricing Power
Understandably, the war in Ukraine has overshadowed a strong ASX Report Period.
Analysts displayed growing optimism as Australian businesses emerged from the omicron wave better than feared. This optimism translated into upgraded FY22 earnings from 13.6% to 14.2%, led by materials and energy sectors, the beneficiaries of global inflation and geopolitical risks.
Market Update – February 2022
Ukraine and Russia Crisis
Below are our early observations regarding the current crisis in Ukraine.
We are monitoring the situation closely and hearing from a range of industry experts to understand the impact as it evolves.
Ultimately, short-term outcomes are difficult to predict. This reinforces the benefits of having a balanced, long-term, valuation driven approach to portfolio management.
Market Update – January 2022
Equities in a tug-o-warÂ
Below is a brief update following the recent period of heightened volatility.
Next Friday, we'll share a detailed view after our Q1-2022 Advisory Board meeting.