Media Section
Australian Financial Review: Bond market investors split over Glenn Stevens warning
Tamar Hamlyn and Gopi Karunakaran discuss how markets are underpricing the risk of inflation. View article (subscription required): Bond market investors split over Glenn Stevens warning by Jonathan Shapiro, Australian Financial Review
The Constant Investor: What headwinds or tailwinds are investors not paying enough attention to?
Monetary contraction is a positive sign With the Fed set to tighten again in December and the RBA in play for 2018, there are headwinds aplenty for investors to focus on, but some unlooked for tailwinds as well. At a fundamental level, rising rates can be detrimental for both equity and bond investors. Companies incur […]
The Constant Investor: Should Australian investors be wary of rising US interest rates?
Higher rates drive higher capital return Rising US interest rates are ultimately a benefit for Australian investors, as higher rates drive higher returns on capital. The journey from low rates to higher ones has some bumps along the road however, and investors need to avoid these potholes in order to benefit from the better returns […]
The Constant Investor: How concerned are you about the Australian economy?
Energy costs set to curtail disposable income and business profits There is is no getting around the reality that rising energy costs represent a headwind for growth and consumption, especially in an environment of elevated household debt levels. At the same time however, the RBA is well aware of these risks, and the downside from […]