Earlier this month the Australian Office of Financial Management, who manages the government’s debt issues, offered $1.5 billion of March treasury notes. The offering was heavily oversubscribed and the average bid accepted implied a yield on the notes of 0.01%, a pretty low yield under any circumstances. However, one of the bids accepted was for
Read More
We have seen a jump in the headline oil prices and related oil equity prices Brent spot price went above US$48/bbl / WTI spot price touched $46/bbl, especially in Nov-20 on the back of several positive announcements relating to Covid-19 vaccines. With potentially the first batch of vaccines becoming available before the end of CY20,
Read More
Much has been made of the sell-off in gold across the past month, with analysts pointing to more certain economic conditions. They suggest that gold has fallen due to several promising COVID-19 vaccines and a resolution to the US election. However, gold has shown greater correlation to policy settings rather than economic uncertainty and the
Read More
The ASX is replete with hugely successful companies that not long ago were small caps, such as Afterpay and Fortescue Metals. Sadly, there’s also the reverse: ‘famous name’ blue chips that have fallen out of favour and have been unable to participate in the virile market recovery. Takeover raiders have sniffed the blood in the
Read More
The advisers at Emerald Financial Group have hand picked 10 gold stocks they believe present both growth and value opportunities. Find out more and download the fact sheet for this new portfolio by clicking here. The first question many people when it comes to this kind of Portfolio is – why not just invest in
Read More
Think of a coronavirus boom industry and ecommerce or takeaway food delivery come to mind. Few would nominate the noble accounting profession, which is busy and only about to get busier as the expected delayed economic mayhem unfolds. “I don’t think there’s a more defensive exposure on the ASX,” declares Brett Kelly, founder and CEO
Read More