12
June
2024
This is some text inside of a div block.
This is some text inside of a div block.
min read
What is superannuation and how does it work?
Porsha Papas
Financial Planner
Superannuation can be an unfamiliar, intimidating or even frightening concept for a lot of people. You have probably heard of it, may know that you have it, but may have very little understanding of what superannuation actually is and what options you have.
Find out more
12
May
2024
This is some text inside of a div block.
This is some text inside of a div block.
min read
How the Federal Budget will impact you
Porsha Papas
Financial Planner
The Federal Budget was released on Tuesday 14 May 2024, and while a number of key changes were already public knowledge, Australians can now begin to understand how these changes will impact them.
Find out more
12
June
2024
This is some text inside of a div block.
This is some text inside of a div block.
min read
The impact of inflation on property prices.
Ken Howard
Private Client Adviser
It can be argued that a little bit of inflation is a good thing, it rewards productivity and provides the incentive to save and invest, but perversely high inflation erodes purchasing power without adding value. When entrenched in a feedback loop, inflation ‘degrades’ the capacity of a ‘cash-savings-strategy’ to finance* investment. (*e.g. saving a deposit for a home).
Find out more
15
May
2024
This is some text inside of a div block.
This is some text inside of a div block.
min read
A budget balance of 0.3% of GDP is better than no balanced budget at all.
Michael Knox
Chief Economist and Director of Strategy
Jim Chalmers talks as if he is delivering a big surplus. Certainly, $9.3 billion sounds like a lot of money. However, last year Australian GDP was an amazingly large $2.6 trillion. The Budget Papers (Table 1.2) show this budget surplus as just a small budget balance of 0.3% of GDP. Of course, a budget balance of 0.3% is better than no balanced budget at all.
Find out more
15
May
2024
This is some text inside of a div block.
This is some text inside of a div block.
min read
Federal Budget 2024/25 – unlikely to move the needle on earnings or inflation
Andrew Tang
Equity Strategist
One year is a long time in politics. After delivering a budget that straddled the right balance between balance sheet repair and fiscal expansion, the 2024/25 budget was delivered with an eye to next year’s election. Tonight’s announcements centred around cost-of-living relief for all and the well-publicised plan for a “Future Made in Australia” promising over $22bn in spending over the next ten years but also bringing higher deficits over the forecast period.
Find out more
17
April
2024
This is some text inside of a div block.
This is some text inside of a div block.
min read
Investment Watch Autumn 2024 Outlook
Andrew Tang
Equity Strategist
Investment Watch is a flagship product that brings together our analysts' view of economic and investment strategy themes, sector outlooks and best stock ideas for our clients.
Find out more
3
March
2024
This is some text inside of a div block.
This is some text inside of a div block.
min read
Australian Retail Sales - February 2024
Alexander Mees
Head of Research
In its latest retail sales release, the ABS implied that Taylor Swift’s seven concerts in Sydney and Melbourne boosted retail sales by 20 basis points in February 2024.
Find out more
3
March
2024
This is some text inside of a div block.
This is some text inside of a div block.
min read
Equity sector strategies: Autumn 2024
Tom Sartor
Senior Analyst/Strategist
Morgans research analysts re-set their sector views, strategies and best ideas as dynamic forces continue to challenge markets.
Find out more
3
March
2024
This is some text inside of a div block.
This is some text inside of a div block.
min read
Investment Strategy 2024 - Q2 Asset Allocation Update
Andrew Tang
Equity Strategist
Recent months have seen some mixed economic data but we are seeing clearer guidance from central banks.
Find out more
27
March
2024
This is some text inside of a div block.
This is some text inside of a div block.
min read
The FED says 'No US Recession'
Michael Knox
Chief Economist and Director of Strategy
Morgans Chief Economist Michael Knox uses the Chicago Fed National Activity Indicator to model the US economy and explain why there is no incoming US Recession.
Find out more
27
March
2024
This is some text inside of a div block.
This is some text inside of a div block.
min read
Two Part Paradox at the Federal Reserve
Michael Knox
Chief Economist and Director of Strategy
Following the Federal Reserve's latest two-day monetary policy meeting, Morgans Chief Economist Michael Knox says, "yes the FED rates will fall, but only so far."
Find out more
27
March
2024
This is some text inside of a div block.
This is some text inside of a div block.
min read
The Reserve Bank of Australia Stands on Stability
Michael Knox
Chief Economist and Director of Strategy
Following the RBA's recent decision to hold interest rates, RBA Governor Michelle Bullock said, "where we are now is where we need to be." Chief Economist Michael Knox gives his comments on this saying that the RBA are giving us stability for the near future.
Find out more
13
February
2023
This is some text inside of a div block.
This is some text inside of a div block.
min read
Best calls to action – Wednesday, 22 February 2023
Andrew Tang
Equity Strategist
Today, Wednesday the 22nd of February, we are happy to buy Coles Group (ASX:COL), SEEK Limited (ASX:SEK), HUB24 Ltd (ASX:HUB) Monash IVF Group (ASX:MVF), and Peter Warren (ASX:PWR).
Find out more
13
March
2020
This is some text inside of a div block.
This is some text inside of a div block.
min read
Why COVID-19 isn't a GFC
Tom Sartor
Senior Analyst/Strategist
We think that comparisons of the potential impacts of COVID-19 with those of the GFC are premature.
Find out more
13
March
2020
This is some text inside of a div block.
This is some text inside of a div block.
min read
Reporting Season Review - February 2020
Andrew Tang
Equity Strategist
February results were slightly better than expected, particularly among large-cap leaders, which should give investors some comfort amidst the ongoing volatility.
Find out more
13
August
2020
This is some text inside of a div block.
This is some text inside of a div block.
min read
Reporting season scorecards and observations - August 2020
Tom Sartor
Senior Analyst/Strategist
Roughly 55% of the ASX300 have now reported results, with only a handful of the ASX50 yet to report.
Find out more
13
March
2019
This is some text inside of a div block.
This is some text inside of a div block.
min read
The objectives of the Federal Reserve
Michael Knox
Chief Economist and Director of Strategy
In its statement on 20 March 2019, the Open Market Committee of the Federal Reserve noted "on a 12 month basis, overall inflation has declined, largely as a result of lower energy prices; inflation for items other than food and energy, remains near 2 percent".
Find out more
13
June
2019
This is some text inside of a div block.
This is some text inside of a div block.
min read
Australia Strategy: Sector outlooks and preferred picks
Tom Sartor
Senior Analyst/Strategist
Australian banks and high yielders enjoyed a relief rally post the surprise Australian Federal election result, but Australian long bond rates plummeting to record lows (below 1.3%) has been the major driver of Australian equities to near record highs.
Find out more
12
May
2017
This is some text inside of a div block.
This is some text inside of a div block.
min read
A thoughtful Federal Budget
Michael Knox
Chief Economist and Director of Strategy
The Budget balance is set to improve at a steady rate. This will reassure the rating agencies.
Find out more
13
July
2017
This is some text inside of a div block.
This is some text inside of a div block.
min read
FY17 reporting season preview
Andrew Tang
Equity Strategist
FY17 reporting season kicks off in earnest mid-August and according to the latest IBES consensus earnings estimates, EPS growth for the S&P/ASX200 is forecast at 13% in FY17, slightly down from 13.6% at the end of 1H17.
Find out more
13
April
2017
This is some text inside of a div block.
This is some text inside of a div block.
min read
Key market themes for 2017
Andrew Tang
Equity Strategist
Equity markets remain at the mercy of abnormal macro-economic conditions such as unconventional central bank interest rate settings and heightened political uncertainty.
Find out more
13
December
2023
This is some text inside of a div block.
This is some text inside of a div block.
min read
Summer 2024 - Equity sector strategies
Andrew Tang
Equity Strategist
Morgans research analysts re-set their sector views, strategies and best ideas as dynamic forces continue to challenge markets.
Find out more
13
October
2023
This is some text inside of a div block.
This is some text inside of a div block.
min read
Cash rate steady at 4.10%
Andrew Tang
Equity Strategist
At her first Board meeting, Michele Bullock stuck to the script.
Find out more
13
October
2023
This is some text inside of a div block.
This is some text inside of a div block.
min read
Asset Allocation Update – 2023 Q4 Outlook
Andrew Tang
Equity Strategist
The US economy has remained resilient supported by robust job gains and consumer spending. The Fed’s aggressive rate hikes will slow the economy and lead to a slowdown into year-end.
Find out more
13
July
2023
This is some text inside of a div block.
This is some text inside of a div block.
min read
Winter 2023: Equity sector strategies
Tom Sartor
Senior Analyst/Strategist
Morgans research analysts re-set their sector views, strategies and best ideas as unfolding forces challenge investors.
Find out more
13
June
2023
This is some text inside of a div block.
This is some text inside of a div block.
min read
Asset Allocation Update – 2023 Q3 Outlook
Andrew Tang
Equity Strategist
A new regime of heightened volatility is playing out. The impact of higher interest rates is starting to be felt and counting on broad market moves won’t do now, in our view.
Find out more
13
May
2023
This is some text inside of a div block.
This is some text inside of a div block.
min read
Equity strategy: Federal Budget 2023/24 – walking the fiscal tightrope
Andrew Tang
Equity Strategist
The 2023-24 Budget largely follows those that have gone before, taking a small step toward balance sheet repair but generally favouring fiscal expansion.
Find out more
13
March
2023
This is some text inside of a div block.
This is some text inside of a div block.
min read
Australia Strategy: Global leaders update
Tom Sartor
Senior Analyst/Strategist
Our Asset Allocation update – 2023 Outlook details our recommended 17% exposure to international equities for investors with a Balanced risk profile.
Find out more
13
March
2023
This is some text inside of a div block.
This is some text inside of a div block.
min read
Asset Allocation Update – 2023 Q2 Outlook
Andrew Tang
Equity Strategist
This quarter we take a cautious tilt: overweight cash, underweight developed market (DM) stocks and neutral fixed interest/Australian equities.
Find out more
13
March
2024
This is some text inside of a div block.
This is some text inside of a div block.
min read
Reporting Season Review: February 2024
Andrew Tang
Equity Strategist
Australian corporates again shrugged another reporting test, navigating slowing demand and higher interest rates to post respectable half-year results in February.
Find out more
13
January
2021
This is some text inside of a div block.
This is some text inside of a div block.
min read
Reporting Season Playbook: First Half 2021
Tom Sartor
Senior Analyst/Strategist
Heading into February results, we examine key strategic themes across earnings trends, the cyclicals rotation, yield security, rising AUD impacts and resources.
Find out more
13
January
2023
This is some text inside of a div block.
This is some text inside of a div block.
min read
Reporting Season Playbook - February 2023
Fiona Buchanan
Director - Research
As attention turns to the February first half reporting season, earnings estimates continue to defy expectations of an imminent slowdown. However, fears that they will materially decelerate in 2H23 will temper sentiment when anticipated headwinds from rising interest rates hits home.
Find out more
13
March
2023
This is some text inside of a div block.
This is some text inside of a div block.
min read
Reporting Season Review: February 2023
Andrew Tang
Equity Strategist
We think investors can take comfort from an overall resilient earnings outlook, and that the conservatism which has been built into market expectations since the pandemic appears to remain in place, providing a margin of safety.
Find out more
13
February
2023
This is some text inside of a div block.
This is some text inside of a div block.
min read
Morgans Best Ideas: February 2023
Andrew Tang
Equity Strategist
Our best ideas are those that we think offer the highest risk-adjusted returns over a 12-month timeframe supported by a higher-than-average level of confidence. They are our most preferred sector exposures.
Find out more
13
May
2022
This is some text inside of a div block.
This is some text inside of a div block.
min read
Morgans Best Ideas: May 2022
Andrew Tang
Equity Strategist
Our best ideas are those that we think offer the highest risk-adjusted returns over a 12-month timeframe supported by a higher-than-average level of confidence. They are our most preferred sector exposures.
Find out more
13
February
2022
This is some text inside of a div block.
This is some text inside of a div block.
min read
Morgans Best Ideas: February 2022
Andrew Tang
Equity Strategist
Our best ideas are those that we think offer the highest risk-adjusted returns over a 12-month timeframe supported by a higher-than-average level of confidence. They are our most preferred sector exposures.
Find out more
13
July
2023
This is some text inside of a div block.
This is some text inside of a div block.
min read
Reporting Season Playbook: August 2023
Alexander Mees
Head of Research
As attention turns to the August reporting season, earnings estimates appear to be on much shakier ground this time around.
Find out more
27
February
2024
This is some text inside of a div block.
This is some text inside of a div block.
min read
Wait a minute! Are the RBA Cutting Rates Soon?
Michael Knox
Chief Economist and Director of Strategy
Following the latest meeting of the Reserve Bank of Australia (RBA), Morgans Chief Economist Michael Knox explains that the RBA minutes don’t say rate cuts are a shoo in at all.
Find out more
13
September
2020
This is some text inside of a div block.
This is some text inside of a div block.
min read
Does Trump still have a chance in November?
Michael Knox
Chief Economist and Director of Strategy
Our model tells us that on this occasion President Trump should be victorious over Biden by a margin of 5.76% of the popular vote.
Find out more
13
December
2023
This is some text inside of a div block.
This is some text inside of a div block.
min read
The FED Says Everything Is “Just Right!”
Michael Knox
Chief Economist and Director of Strategy
Following the Federal Reserve's latest meeting, Morgan's Chief Economist, Michael Knox, provides an update on the Summary of Economic Projections, stating that rates will continue to fall until 2027.
Find out more
13
December
2023
This is some text inside of a div block.
This is some text inside of a div block.
min read
A Better Outlook For 2024?
Michael Knox
Chief Economist and Director of Strategy
Morgans Chief Economist Michael Knox's outlook for the world economy in 2024 is that growth will slow; inflation will fall; and money will flow into Stock Markets.
Find out more
13
December
2023
This is some text inside of a div block.
This is some text inside of a div block.
min read
Australian CPI Suggests Another RBA Rate Hike
Michael Knox
Chief Economist and Director of Strategy
Morgans Chief Economist Michael Knox says that core Australian CPI numbers still suggests another RBA rate hike. However, we may not see rates rise until February 2024.
Find out more
13
November
2023
This is some text inside of a div block.
This is some text inside of a div block.
min read
Big Budget Deficits, Bigger US Debt!
Michael Knox
Chief Economist and Director of Strategy
Morgans Chief Economist Michael Knox discusses the key drivers for the lack of a US recession in 2023 and explains why Joe Biden's economic policy isn't more popular.
Find out more
13
January
2024
This is some text inside of a div block.
This is some text inside of a div block.
min read
Our Model for the US Economy is Working!
Michael Knox
Chief Economist and Director of Strategy
Morgans Chief Economist Michael Knox walks us through his model for the US Economy using the Chicago National Activity Indicator, which explains 78% of YoY growth in US GDP.
Find out more
13
February
2024
This is some text inside of a div block.
This is some text inside of a div block.
min read
FED - Quantitative Tightening with a Rate Cut Chaser?
Michael Knox
Chief Economist and Director of Strategy
Morgans Chief Economist Michael Knox says that Federal Reserve rate cuts later this year will be shaded by a major program of quantitative tightening.
Find out more
13
February
2024
This is some text inside of a div block.
This is some text inside of a div block.
min read
Is it the Season to be Bullish?
Michael Knox
Chief Economist and Director of Strategy
Morgans Chief Economist Michael Knox explains how the different dates of international financial years generate seasonal variation in the Australian and US stock markets.
Find out more