Multi-Asset Allocation in 2021

Today’s daily missive marks our second last publication for the year and the last of our 2021 outlooks, finishing with our multi-asset view. While it’s useful to derive and forecast performance objectives for specific asset classes, it’s increasingly important to be...

Inflation and Debt

The price of goods, services and financial assets determine our ability to consume or invest in them. If prices increase and our income does not, then we need to reduce our ability to consume or invest. In terms of goods and services, an increase in prices without a...

Another RBA Rate Cut Priced In

The market is now pricing in a cut to the Overnight Cash Rate (OCR) from 0.25% for the RBA’s October 6th meeting, with potential to change other policy measures as well. Let’s take a look why. The Australian Economy and Monetary Policy RBA Deputy Governor Guy Debelle...

In the Name of Love

Each year there is a large gathering of economists, financial market participants, academics, US government officials in Jackson Hole, Wyoming (USA), to discuss long-term economic policy issues of mutual concern. All the papers are available online. This year’s...

Youth Of The Nation

“Who’s to blame for the lives that tragedies claim, No matter what you say, It don’t take away the pain”                 P.O.D. [2001]   In Australia, we’ve been relatively lucky that our...