Bassanese Bites: Lockdown – March 23 2020
The combination of rising COVID-19 cases and restrictive government policy responses in the United States were the main global market focus last week, and which understandably pushed equity markets lower. California and New York are now in effective lock down, meaning citizens are ordered …
FNArena’s Weekly Insights – March 17 2020
Bear markets are brutal. They take no prisoners. Shoot first, then shoot again, and maybe, just maybe, that's when they might start asking questions. Bear markets punish mistakes instantly and irrevocably. Bear markets are also excellent teachers, at least for those investors and analysts who are …
Bassanese Bites: Feeling sick – March 16 2020
Last week was one to tell your grandchildren about. And for the younger people around the market, you’ve now been blooded with an example of just how volatile and cruel the equity market can be. Each generation gets its own meltdown it seems and …
FNArena’s Weekly Insights – March 09 2020
According to the ruling narrative, the current bull market for global equities started in March 2009, is thus almost eleven years old and it looks like it might come to an end in similar fashion as the previous bull market that started in 2003 and …
Bassanese Bites: RBA cut tomorrow – March 02 2020
Where to begin? Clearly fears of the coronavirus took centre stage last week, causing the biggest one week drop on Wall Street since the financial crisis. It’s also the fastest “correction” (i.e 10% decline from previous peak) in history. Are markets over …
Bassanese Bites: Hold your breath – February 24 2020
Last week global markets got their first taste of the negative economic impact of the coronavirus – and it was not easily digested. Although China continues to claim that the rate of new infections has peaked, Apple’s warning of disruptions to both Asian sales …
FNArena’s Weekly Insights – February 17 2020
What a difference six months makes in the share market. It's still early days for the local corporate results season in Australia, but a number of positive trends are vindicating the strong buying that supported equities in January: -companies are finding it easier to meet or …
Bassanese Bites: Bubble trouble – February 17 2020
Global stocks continued to shrug off coronavirus fears last week with the S&P 500 up a lazy 1.6% to reach a new record high. Reports of a possible peak in the number of new coronavirus cases was the main (positive) market development, notwithstanding a …
FNArena’s Weekly Insights – February 10 2020
Paying attention to stockbroking analysts announcing their Conviction Buys and Sells can be highly beneficial to one's investment portfolio, as no doubt experienced by many an FNArena subscriber. Over the past two years in particular, I have methodically kept track of Conviction Calls in the market, …
Bassanese Bites: Tough medicine – February 10 2020
Last week global markets managed to shrug off coronavirus concerns – helped by continued solid economic data in the United States. Indeed, there was a better than expected 225k gain in US jobs during January (market expectation 160k) helped by milder than usual winter …
