Market Insights, Market Outlook
This month, our Bitesize Insights looks at the impact of the recent banking crisis on the economic outlook. The risk of a credit crunch has materially increased – and that could sow the seeds for recession later this year. From an investment perspective, we think that...
Market Insights, Market Outlook
Recessions tend to develop in non-linear paths, and new cracks can be discovered as the tide goes out. The recent banking crisis need not result in the collapse of several more banks. Instead, I think a good old fashioned credit crunch in the US and Europe is now...
Market Insights, Market Outlook
The RBA hiked in February and is set to hike further in coming months. But the RBA wants to avoid a recession – so a pause is coming. Our Bitesize Insights this months shares why a pause can be supportive of the economic cycle, and Australian equities. Check out our...
Market Insights, Market Outlook
Why an RBA rate pause means you shouldn’t sit on the sidelines through 2023. The RBA delivered another 0.25% rate hike in February. It has more to come. Rates are modestly restrictive, inflation is still too high, and the Bank wants to restore some credibility....
Market Insights, Market Outlook
Markets have rallied into the start of 2023. In this Bitesize Insights, we share why we think the Federal Reserve will (probably) not cause a recession this year, and why China’s equities are not uninvestable. These have important implications for investors after the...
Market Insights, Market Outlook
When we invest, our key focus is on themes that will shape market outcomes over the medium-term. But we know that market consensus can get caught up in short-term topics. These topics can tend to drag market movements away from the economic fundamentals. These moves...
