Feb 21
Following are my recent thoughts around markets with many charts to support these views. These views are far from complete but do represent a reasonable summary at this point in time. Income Assets Source: RBA, Delta Research & Advisory The above left chart suggests the market believes the cash rate is heading towards 1.5% …
Oct 10
I am a little amazed at how many articles across the newspapers of Australia have suggested that residential house prices are going to go through the roof given the latest interest rate reduction from the RBA. The chart below shows that house prices have declined over the last couple of years or so, but somehow its …
Sep 18
Source: RBA, Delta Research & Advisory Bizaarely as it seems but the above chart shows that over the last month the Australian Government Bond Yield curve has barely budged. There’s really no more than 5 to 10 bps difference across all terms and when you consider the various big announcements, economic results from here, overseas …
Aug 11
Its been a while since I put some of my broader investment thoughts in writing and I’ve just written almost 4000 words to satisfy that…so it also sort of makes up for my lack of posting. So below is a lot of what I have written and hopefully its readable for anyone interested…I actually haven’t …
Jun 05
Source: Morningstar The above is a long term chart of the S&P Spain Property Total Return index denominated in Euro. I was doing some other work looking for a particular index and came across this one…I thought it might be interesting and I guess it is…if you’re not Spanish. I don’t know how many property securities are …
May 10
As expected the Federal Budget focused on a surplus and to the government’s credit is looking to distribute some of their mining profits to the not so wealthy. Whilst the opposition is suggesting that some of the cash payments will be going straight to retailers instead of their intended purpose, that’s not necessarily a bad …
Apr 22
Following is a press release from SQM Research that was released last night. It pretty much says it all…residential vacancies relatively stable month on month and up a tiny bit year on year. Perth appears to be a rental concern with very few vacancies whilst Melbourne has the highest vacancy rate in Australia. Figures released …
Jun 12
Source: van Eyk Research The above poll was taken by van Eyk Research on their subscription website. In terms of the sample, it is large (848 responses) so may be statistically representative of van Eyk subscribers whom I can only assume is financial advisers, researchers, and maybe fund managers. As shown almost 1 in 2 …
May 26
I haven’t seen the numbers myself but just read this headline on the ABC24 so I assume its true. I guess the headline means only more downward pressure on residential housing prices as those under pressure are forced to sell, and sell at whatever they can. Certainly if the mortgagee doesn’t sell then ultimately the …