The Catch
Fat Prophets Platinum, our full service, for $695 a year until midnight Monday 28 September. Join at $695. The Verdict We began the week expecting the US 10-year yield to hold below 5% in the near term, on falling oil and hopes of a deal with Iran. That held early week. On Wednesday, Iran’s president […]
Under New Management
Report Spotlight: St Barbara The Verdict We began the week arguing that a rate rise would be a clearing event for the bond market, and sharpened that to a preference for a dovish increase that signalled a short cycle. Wednesday’s US session rejected that reading, and we conceded as much in print on Thursday morning. […]
Where we took profits and losses in 2024
Global stock markets delivered strong performances in 2024, fuelled by a resilient American economy and investor optimism about global rate cuts, although the RBA has held steady at 4.35% due to persistent inflation. The ASX 200 rose +9.5% year-to-date as of December 17, 2024, setting record highs earlier in the year but facing slight pullbacks […]
Angus Geddes: Central Banks Risk Recession, Commodities Poised to Surge
Our CIO Angus Geddes, discussed his concern that the central banks may be slow in adjusting the rates, potentially pushing the economy over the edge before necessary action is taken. He notes the indications of an economic slow down, such as rising unemployment, trending downward inflation, and the inversion of the yield curve which traditionally […]
