Investment Outlook: November
When we look at the immediate outlook for the equity market it is easy to point to reasons to sit on the sidelines. We know that markets don’t like uncertainty and there is the potential…
Investment Outlook: October
Australia escaped the initial onslaught of COVID-19 relatively lightly. The GDP declined in the June quarter, while a substantial 7.0%, was rather less than the 9% or so experienced by the median OECD economy. It…
Cutting through noise in financial markets
Despite central banks staying the course with accommodative policies, many asset classes, both at home and overseas, encountered some turbulence over the past month, principally because markets started to confront the reality rather than the distant prospect of…
Surviving the Brexit Hangover
History frequently unfolds by accident rather than by design. The decision to enact on ‘Brexit’ has thrown a cloak of uncertainty over the future of the European project. The redefinition of the UK’s relationship with…
Tempering Investment Expectations
Global market turmoil turned what was always going to be a hectic August into a chaotic one. Macro volatility aside, there’s no hiding the fact that the corporate reporting season was patchy at best and concerning at worst. Reporting season gave…
Investment: Looking back on 2014
Investors can be forgiven for thinking that 2014 has been a confusing year. Australian shares look likely to record a year of negligible capital growth after quickly giving up 6% since the August highs. This…
Corrections can be Unnerving
Riding through the Adjustment from Morgans October Investment Watch. Australian equities have fallen around 7% since the end of August. While corrections can be unnerving, Morgans most recent update breaks down the facts to conclude this…
Cash is King in September
Cash is king in this months update from Morgans September Investment Watch. The stockmarket moved through the August reporting season despite downgrades to FY15 earnings expectations and a cautious outlook from corporate Australia. This seems counter-intuitive, but the waves of dividends…
Investment outlook: new financial year
As we embark on a new financial year, the reporting season is upon us. We look at why August is a critical month in the market. Michael Knox, Morgans Chief Economist identifies that the August results…
