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Wednesday, 12 August 2020
Recently trending After 30 years of investing, I prefer to skip this partyAustralian house prices: Part 2, the bigger picture How to handle the riskiest company results in historyAustralian house prices: Part 1, how worried should we be?Welcome to Firstlinks Edition 367
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PMGOLD holdings increase by more than 60% in 2020, with the current market value of AUD 597.6 million.
webinar: Protecting your investment portfolio during a pandemic, 13 Aug.
affiliate, Martin Currie achieves highest PRI score for all three categories of ESG Strategy & Governance, Incorporation and Active Ownership.
Webinar: COVID-19: Is the worst over?, 13 August 2020.
TraCRs and all quoted Chi-X Funds added to WealthO2's wealth management platform.
announces restructure proposal to simplify Magellan’s Global Equities retail product offering.
Franklin Templeton completes its previously announced acquisition of Legg Mason, Inc.
lists Janus Henderson active fixed income ETF, as demand for defensive solutions accelerates.
to acquire 75% interest in US-based asset manager, Barrow Hanley and undertake an Equity Raise.
launches two additional currency-hedged global ETFs on ASX.
Balanced option outperforms during COVID-19 crash.
funds acquire a $215 million industrial portfolio leased to Owens-Illinois Australia.
Eventually, prices become so extreme they bear no relationship to reality, and a bubble forms. I believe we are there today, not for all stocks but for many in the technology space.
There is good reason to believe the negatives will continue to outweigh the positives over the next 12 to 18 months. There is more concern about house prices than the short-term indicators suggest.
It is better to miss a results bounce and buy after the company has delivered than it is to step on a landmine. With such uncertainty, avoid FOMO by following these result season investing tips.
Three key indicators are useful for predicting the short-term outlook for house prices, although tighter lockdowns make the outlook gloomier. There is enough doubt to create cause for concern.
There is a similarity between the current health crisis and economic crises of the past. For COVID-19, record amounts of biotech funding from government agencies and private companies are looking for a vaccine. Likewise, central banks once struggled treating recessions but the 'vaccine' now is record amounts of financial stimulus to ensure liquidity. While the world awaits a COVID treatment, markets are purring along, at least until side effects hit.
Imagine you had perfect foresight about COVID-19 at the start of the year. You correctly foresaw that the global pandemic would kill over 700,000 among 20 million infections by August. In Australia, borders would close, cities would be locked down, most mortgagors would be on income support and companies would be allowed to trade while insolvent. You then had to guess how much the stock market would fall. Would you say about 10%?