ABE Weekly: Is 13 The Lucky Number? RBA Holds As Growth Falters
Australian Bond Exchange Weekly Update Friday 8th December Key points RBA holds rates steady at 4.35%pa Australian quarterly GDP growth comes in weaker than expected Is the U.S. economy finally turning? Moody’s downgrades China outlook Global Cash Rates & Inflation The Reserve Bank of Australia (RBA) Cash Rate now sits at 4.35%pa and the annual […]
The Gift That Keeps on Giving….and Giving and Giving
Christmas is a time of joy and giving, and with interest rates currently sitting at higher than we have seen over the past several years, corporate fixed-income securities are undeniably proving to be festive investments. While it’s not possible to physically wrap a corporate bond and stick it under your Christmas tree, with highly attractive […]
ABE Weekly: Cool But Not Cold – Monthly CPI Eases in October
Australian Bond Exchange Weekly Update Friday 1st December Key points Australian monthly CPI cools faster than expected No more RBA rate hikes – OECD Domestic retail sales slide lower New Deputy Governor appointed at the RBA Black Friday bonanza – U.S. retail sales surge Global Cash Rates & Inflation The Reserve Bank of Australia […]
Will 2024 Be The Year of Fixed Income?
With higher interest rates likely to extend well into 2024 and beyond, now is the perfect time to consider fixed-income allocations within client portfolios, especially as the prospect of a recession lurks. Anaemic Growth Apart from the U.S., most economies appear to be struggling with higher interest rates and elevated (albeit cooling) inflation. This is […]
ABE Weekly: So Hawk Right Now
Australian Bond Exchange Weekly Update Friday 24th November Key points Hawkish undertones over homegrown inflation Sufficiently restrictive – J Powell Westpac Leading Index for October dips Sohn Hearts and Minds – bullish on bonds Is the narrative starting to change? Global Cash Rates & Inflation The Reserve Bank of Australia (RBA) Cash Rate now sits […]
2023 Reflections – A Year in review
As we approach the end of 2023, now is an opportune time to reflect on the year that was, and plan for the year ahead. With inflation continuing to cool across most major economies, the key question for 2024 and beyond is – how long will rates remain elevated? U.S. Resilience The year 2023 has […]
ABE Weekly: Cooling But Not Cold – U.S Inflation Edges Lower
Australian Bond Exchange Weekly Update Friday 17th November Key Points U.S. inflation falls more than expected to 3.2% Australian unemployment and jobs increases in October Australian consumer confidence evaporates Business conditions up, confidence down – NAB Monthly Business Survey U.S. retail sales slide lower U.S. small business optimism down in October U.K inflation continues to […]
Playing Defensive With Corporate Fixed Income Securities
Corporate bonds and other fixed income securities have long been favoured by investors seeking a balance of portfolio stability and investment returns. Since the Global Financial Crisis (GFC) however, ultra-low interest rates had largely removed the attractiveness of the asset class – but today, we find ourselves in a very different environment, characterised by higher […]
Cash, Money Markets and Fixed-Income – Same, Same But Different
With both money markets and fixed-income markets offering highly attractive yields, a recurring question we are frequently being asked is – which one should I invest in? Unsurprisingly, there is no simple answer given it depends on the personal needs and requirements of your clients. It’s also important to state that an investment in either […]
ABE Weekly: Material Change Confirmed – RBA Hikes Again
Australian Bond Exchange Weekly Update Friday 10th November Key Points Material change confirmed – RBA hikes again IMF revises China outlook European inflation expectations rise Jerome Powell – “we will not hesitate” Have yields peaked? Global Cash Rates & Inflation The Reserve Bank of Australia (RBA) Cash Rate now sits at 4.35%pa and the annual […]