Major central banks around the world have thrown the kitchen sink at markets during coronavirus related selling. Never before have we seen such extraordinary measures, with policy makers signalling that they will do what ever it takes to stop bond and equity prices from selling down. Seemingly the most important of monetary policy tools at
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The miners have been robust throughout the crisis and the ‘handmaidens’ to the sector should be as well – in theory at least So far at least, the leading resources stocks have been a shining headlamp of hope down the dark and deep pit of the COVID-19 crisis. The crucial iron ore sector has barely
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A client put a fair question to us this morning – will bank hybrid distribution payments come under threat as major banks start to reduce or defer dividends? Bank dividends. As most investors by now appreciate, major Australian banks have (or are expected to) either reduce, defer or cut dividends on ordinary shares. National Australia
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As followers of yellowcake would know, there have been plenty of proclamations about an imminent recovery post Fukushima, but they have all turned out to be false dawns. With buyers and sellers trilling from the same song book, is this time different? Attending a global nuclear energy powwow in Adelaide late last year, Boss Resources
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“Don’t fight the Fed” as you are being paid to take risks. Your investment thesis on asset classes at this present moment will be to follow the Fed (or central bank) dollar. Moral hazard is too costly it seems, and the latest unprecedented stimulus measures announced by the U.S. Fed in corporate credit markets highlights that the “whatever
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Who said capitalism was dead in the new world order of prolific government handouts? The profit motive is at least alive and kicking in the sexed-up sanitiser sector, as both new and established participants grab on to what’s hopefully a once-in-a-lifetime opportunity. For consumers, it’s a case of “you can’t be serious” as they scour
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