Bassanese Bites: Blue sky – November 04 2019
It was yet another positive week for global stocks, with the S&P 500 reaching new record highs. Ongoing optimism with regard to US-China trade talks, a good US earnings reporting season, and signs of stabilisation in global manufacturing were all contributing factors. Even …
FNArena’s Weekly Insights – October 28 2019
I am still amazed, every single time, but with the year 2020 but a whisker away, there are still investors who use backward looking data as the main support source for their investment strategy and portfolio. On my assessment, these investors are at risk of …
Bassanese Bites: CPI Ahead – October 28 2019
Global stocks rose for the third week in a row, reflecting another (so far) better than feared US earnings season, tentative signs of stabilisation in global manufacturing and “no news is good news” progress in US-China trade talks. As regards the Q3 US earnings reporting season, …
Bassanese Bites: Cautious optimism – October 21 2019
Global equities ground higher again last week reflecting ongoing hopes with regard to US-China trade discussions, encouraging US earnings reports, and a new UK-EU Brexit deal. The S&P 500 is only 1.3% away from a new record high! Both the US and China are now focused …
FNArena’s Weekly Insights – October 21 2019
This month marks the 25th anniversary of CSL ((CSL)) as a listed company on the ASX. In fitting fashion, shares in Australia's highest quality global success story surged to an all-time high of $253 in October. Looking back, corrected for share splits, the initial opportunity to …
FNArena’s Weekly Insights – October 15 2019
Brief recap of what has transpired across the Australian share market since January: upon an initially tepid recovery from deep oversold levels, equity markets put in a multi-month rally which saw cheaper-priced laggard stocks lead the rest of the market higher by some 20% by …
Bassanese Bites: Peace in our time? – October 14 2019
Hopes and fears regarding a possible US-China trade deal pervaded global markets for much of last week and the tentative agreement struck on Friday was greeted with restrained relief. The S&P 500 bounced 1% on Friday to be up 0.6% over the week. …
Bassanese Bites: On the brink – October 8 2019
Last week provided further tangible signs that the trade-induced slowdown in the global economy was finally filtering through to the United States, which seemingly should make US President Trump more prepared to strike a deal with China sometime soon. Adding to the trade angst last …
Bassanese Bites: RBA to cut – September 30 2019
It was another modest risk-off week for global equities with the US S&P 500 again failing to push through the previous record high of 3,027 set in late July. Weaker European manufacturing data, the threat of a Trump impeachment and lingering uncertainty over US-China …
Bassanese Bites: October move? – September 23 2019
Ongoing trade concerns and a less dovish than hoped Federal Reserve saw global stocks edge lower last week. Reflecting risk-off sentiment, bond yields also dropped back while the $US and gold lifted. On the trade front, China’s decision to cancel a planned trip to US farms …