It’s arguable that raging house prices in some areas across the country have helped to widen wealth disparity between the generations. Young people are acutely feeling their inability to get into the housing market. While those older and well established have seen their equity increase beyond even their own belief – to the point where […]
It seems like a long time since February 10. If you can’t remember it, here are two reminders from the Australian Financial Review: ASX slides into bear territory; 4600 looms ASX succumbs to bear market contagion That was the most recent market bottom. This week the AFR was printing very different headlines: Rally in US […]
Last month in another country, a man we’ll call Jim, watched one of his beloved investments tumble 16% in the space of as many days. Jim’s investment is (or was) ‘beloved’ because he’d attached all sorts of historical and emotional significance to it. The company, Jim told his adviser, was going to change the world. […]
Economic Overview China, commodities and central banks were the focus for global investors in a volatile quarter that swung from fear about global growth prospects to relative confidence. In China, data showed factory output growing at its slowest pace in eight years and investment at its weakest in at least five years. Beijing is seeking […]
There are three givens when it comes to investing. The first given: if you meet an investor who is looking to try something new, or is restless about their investments, it’s almost inevitable that they’ve recently endured some poor returns. The second given: if you meet an investor who has no intention of changing a […]