It seems that all the talk today is what is wrong with the world. No doubt, it is a time of extreme uncertainty with the virus, the upcoming U.S. election, tensions with China, climate change concerns, and what will happen when the mother-of-all government stimulus spending comes to an end. While we have not got […]
There are so many factors that influence the economy and investment markets, but the most important factor is how much cash an investment generates. For companies this is profit, while property provides rent (net of costs). If we think income will grow faster in the future, we pay more for the asset now. If we […]
The first half of 2020 was certainly something we have not seen before. The US entered 2020 on strong footing, Europe was still in an extended go slow, China was going along reasonably and Australia was picking up a little as well. Some were starting to feel we would start to get some synchronised global […]
We could try to give you an explanation of the market movements over the last few months. It would include a discussion about liquidity injections, massive policy action, or other intelligent sounding explanations you might like. However, in the real-world time moves forward and an uncertain world looks very different from a hindsight perspective. Investors […]
As we are discussing a virus, we apologise if this update seems a bit callous and focuses on this event from an economic and market perspective. We saw price declines yesterday, after which the US futures were heading up and then the US received the following announcement. “We expect we will see community spread in […]
