The question is at what point do equities start looking cheap. We think about markets and opportunities from an portfolio construction perspective. However, we appreciate clients want some context around current market prices so hopefully comments below help. Have equities fallen far enough? Potentially not but they are more closer to the bottom than they were
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Australian stationery retailer, Kikki K, are the latest victim to the group of falling retail chains after news was released yesterday that the company was facing voluntary administration. While the stores and online shopping currently remain open to customers, the future of almost 500 jobs is uncertain. The swedish-design company was founded by Kristina Karllson
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Energy markets are grappling with tensions between Russia and Saudi Arabia, with a price war emerging post recent OPEC+Russia meeting. ASX energy sector sold off yesterday as a result. Energy valuation summary (prices as of end of day yesterday OPEC+Russia delivers a nasty surprise. Most investors were holding out on the hope that the recent OPEC+Russia
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Global corporations have enjoyed a strong decade of gains and earnings increases, in large part due to a huge accumulation of debt. In 2010, the debt of large US corporations sat at just over $6 trillion USD; now that number has risen above $10 trillion USD and when you add in the debt of small,
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No doubt, after many weeks with coronavirus, dubbed “COVID-19”, lingering in the background of U.S and Australian corporate reporting season, investment markets, have reacted strongly over the past week. On public health concerns and uncertainty over the economic impact, we saw a sell-off in equities and yield on “safe-haven” 10-year Treasuries being pushed to record
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Given so many coronavirus experts have appeared since its outbreak, we haven’t felt the need to add to the noise. But we have been closely monitoring the situation through macro data, bottom up company research, discussions with company management teams, with our partners here and offshore. The recent offshore and current ASX reporting season has
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