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2020 September Quarter Review
Read more: 2020 September Quarter ReviewEconomic Overview As to be expected, the ongoing and dominant economic and market theme remains COVID-19. More so than ever, with COVID present no quarter will be quite like the previous. While Q1 was one of steep decline and pain, Q2 was sharp recovery and euphoria, while in Q3 markets took a slightly more subdued, albeit positive direction. Accommodating monetary and fiscal policy kept markets happy. In the US, the economy continued something of a recovery. The Federal Reserve noted it will use average inflation targeting in setting the interest rate, allowing for overshoots in inflation. This means the Fed…
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Stories & Evidence
Read more: Stories & EvidenceIn 1998 the Tour de France was in dire straits. A car belonging to the Festina team was stopped on the French-Belgium border. The boot was full of performance enhancing drugs. What followed were police raids and arrests. It culminated with the Festina team being booted off the Tour. Other riders and teams were outraged and protested at their treatment. Fans were livid. Booing and jeering at every turn of the pedal. 1998 was a dark stain on the history of the Tour de France. In 1999, a new story quickly emerged to blow away the dirt. A man who…
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Federal Budget 2020/21
Read more: Federal Budget 2020/21The delayed and momentous 2020 Federal budget has been handed down. It contains some amazing figures. The normally fiscally conscious Liberal Nationals have turned spendthrifts in a bid to lift the country out of the COVID-19 induced recession. It wouldn’t be a budget without heroic assumptions and the biggest in this budget is the assumption there will be a COVID vaccine next year, along with the majority of Australians being vaccinated. It also assumes growth will be running at 4.25% and unemployment will be down to 6.5 per cent by the end of 2022. Another big assumption: everyone will run…
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Is Sustainable Investing Worth Your Money?
Read more: Is Sustainable Investing Worth Your Money?ESG investing. You’ve probably heard the term, but what does it actually mean? ESG stands for Environmental, Social and Governance, it may also be termed sustainable investing. You may say it is an investment decision based on your beliefs. It is a wide term as it can cover several areas, but essentially, it’s for investors who still want positive returns, but also consider their long-term impact on society, environment and the behaviour of a business. As the Credit Suisse research institute points out in their Global Investment Returns 2020 Yearbook, the largest ESG category, is exclusionary screening or avoiding investing…
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Journalism and Gaining Approval
Read more: Journalism and Gaining ApprovalEver stopped to wonder why you’re using a particular new word or phrase? Or maybe you’re sitting in the back of some strange person’s Hyundai, they’re driving you to some strange person’s house where you’re staying the night in their guest bedroom. How did that happen? The sharing economy. Disruption. The future of work. Hustle. Such words and terms have snuck into the language over the past decade. They’ve come about due to new companies such as Uber, Lyft and AirBnB, along with hundreds of others, that have been termed as ‘tech’ companies as a way to make them seem…
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