By Tom Sartor
24 August 2020, 11:55 AM
August has been a story of cyclical and consumer-facing stocks in particular in terms of 1) surprising overly fearful expectations, and/or; 2) being well supported by the market even if they didn’t. Whether this can continue when fiscal support scales down will be a key question as we exit August.
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By Andrew Tang
17 August 2020, 3:20 PM
Reporting season kicked off in earnest last week with ~13% of the ASX 300 reporting results. The low bar for earnings was clearly evident with the bulk of companies reporting either inline or above (low) expectations despite median reported FY20 EPS growth coming in at -9%.
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By Michael Knox
10 August 2020, 12:00 PM
The rise in the Euro Area Economic Sentiment Indicators suggests a strong Q3.
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By Michael Knox
03 August 2020, 4:05 PM
I explain the reason why I believe the government will outperform its own estimates for both 2020 and 2021.
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By Michael Knox
30 July 2020, 4:45 PM
What are the biggest drivers on the Aussie dollar over the next few years?
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By Dr Derek Jellinek
23 July 2020, 2:50 PM
Executives from five drug companies leading the COVID-19 vaccine race (ie AstraZeneca (LON; AZN), Johnson & Johnson (NYSE: JNJ), Merck (NYSE: MRK), Moderna (NASDAQ: MRNA), and Pfizer (NYSE: PFE)) appeared in front of the US House Energy and Commerce Oversight and Investigations Subcommittee to talk about their progress in developing a product the entire world desperately needs.
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By Andrew Tang
21 July 2020, 4:40 PM
The government announced today that it would extend the JobKeeper wage subsidy to March 2021. What are the market implications?
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By Andrew Tang
13 July 2020, 3:50 PM
I explore the risks and opportunities for the market, ahead of the critical August reporting season.
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By Tom Sartor
13 July 2020, 9:20 AM
The stunning rebound in the US equity market in the March quarter looks to have run ahead of fundamentals, particularly as the pandemic leaves complex economic questions in its wake. As such we remain on the look out to allocate more active weight toward beneficiaries of a cyclical recovery, but that looks far too early to call with the information at hand.
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By Michael Knox
08 July 2020, 3:50 PM
The Australian and US economies will recover rapidly, but the US equities market has moved too far ahead.
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