Bassanese Bites: Extended Pause – July 31 2023
The ‘melt-up’ in US stocks continued last week, with the S&P 500 adding another 1.0%. There were various reasons for investors to remain upbeat: the Fed hiked rates but displayed a more neutral outlook, the Q2 US earnings reporting season remained encouraging (thanks to …
FNArena’s Weekly Insights – July 24 2023
In this week's Weekly Insights: -Opportunities With A Five Year Horizon -Company Reports: Early Trends -Company Reports: Inflation -Company Reports: Conviction -Company Reports: Technology Sector -REITs In Focus By Rudi Filapek-Vandyck, Editor FNArena Opportunities With A Five Year Horizon Most investors like to profess they are in it for the long term, but let's …
Bassanese Bites: CPI week – July 24 2023
Global markets The effective ‘melt-up’ in US stocks continued last week, with the S&P 500 adding another 0.7%. Although earnings misses by Netflix and Tesla briefly weighed on markets, the overriding narrative remains that of growing hopes of a soft landing given resilient economic growth, easing inflation, and …
FNArena’s Weekly Insights – July 17 2023
In this week's Weekly Insights: -Master & Servants; Bonds vs Equities -Earnings Forecasts: Low Expectations Not Low Enough? -Conviction Calls & Best Ideas By Rudi Filapek-Vandyck, Editor Master & Servants; Bonds vs Equities "I used to think that if there was reincarnation, I wanted to come back as the president or …
Bassanese Bites: Recession averted? – July 17 2023
Global markets The key development over the past week was the weaker-than-expected US CPI result, which has reduced the risk of further aggressive Fed action that ultimately pushes the economy into recession. According to Fed comments, it still seems likely the Fed will hike at next …
FNArena’s Weekly Insights – July 10 2023
In this week's Weekly Insights: -Earnings Forecasts: Slip Slidin' Away -FY23 Returns: Details Matter -Small Caps In Focus By Rudi Filapek-Vandyck, Editor Earnings Forecasts: Slip Slidin' Away The Australian share market has been doing it tough in July, following a rally in June that nobody was genuinely able to properly explain, …
Bassanese Bites: Rate surge – July 10 2023
Global markets The key development over the past week was ongoing solid US economic reports, which along with hawkish Fed minutes saw bond yields move notably higher. US 10-year bond yields rose by 0.22% to 4.07% – a new high for the year though still a …
FNArena’s Weekly Insights – July 03 2023
In this week's Weekly Insights: -A Dozen Insights For FY24 -El Nino And Insurers -When Quality Goes Missing -Conviction Calls & Best Ideas By Rudi Filapek-Vandyck, Editor A Dozen Insights For FY24 If one well-chosen graphic compensates for 1000 words, imagine how many words we are saving with the charts and graphics …
FNArena’s Weekly Insights – June 26 2023
In this week's Weekly Insights: -Forecasts Under Pressure -Which Stocks To Buy? By Rudi Filapek-Vandyck, Editor Forecasts Under Pressure And when all is said and done, the dust has settled, and the verdict is in, we shall all observe it has been a fairly standard central bank tightening process, but …
Bassanese Bites: Line-ball RBA Day – July 03 2023
Global Markets Solid economic data and a reasonably benign inflation report provided further reassuring signs to Wall Street last week that the US economy remained on a “soft landing” track. Even Powell’s ongoing threat of two additional rate hikes is being taken in its stride – …
