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 …
FNArena’s Weekly Insights – February 03 2020
Last year, the two major corporate reporting seasons attracted larger-than-usual numbers of profit warnings in the weeks leading up to February and August. January this year has not generated similar large numbers, but profit warnings are coming through nevertheless. With share market indices near an all-time …
Bassanese Bites: Going viral – February 03 2020
After a strong start to the year – with seemingly little to worry about – global stocks suffered a set back last week as the impact of the coronavirus began to take its toll. While most commentators, myself included, suspect the virus will be …
FNArena’s Weekly Insights – January 28 2020
The 2020 decade opened with a bang as, globally, investors started preparing for a recovery in growth later in the year on the back of ongoing loose policies from central banks and early indications of a bottom in the global slump. Towards the end of last …
Bassanese Bites: Sell the fact? – December 16 2019
Two major market concerns appear to have been resolved over the past week, with US President Trump concluding his “phase 1” deal with China and the UK Conservatives romping to victory and making certain the UK’s “soft exit” from the EU. That said, with …
