Podcast: Recovery from the pandemic 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. Read more...
Morgans Best Ideas July 2020 By Andrew Tang 07 July 2020, 5:00 PM Key additions this month include Santos, ALS Limited, HUB, Adairs, Baby Bunting Group, PWR Holdings, Acrow Services, ZIP Co, Aventus Group, Costa Group Holdings and Strandline Resources. Read more...
Pre-reporting season catalysts By Tom Sartor 29 June 2020, 1:35 PM With COVID-19 wreaking havoc on the ability to forecast corporate earnings in the current half year, we're seeing a much larger than usual number of companies seeking to keep the market informed via trading updates, guidance updates and/or unaudited results well ahead of their full financial results due in August. Read more...
Covid-19 Roadmap: Sector outlooks and strategies By Tom Sartor 29 June 2020, 10:30 AM After some stunning rebounds, we see better opportunities among the major banks, telcos and select industrials, and among sub-segments of the REITs Read more...
COVID-19: Managing *great* expectations of a recovery By Andrew Tang 22 June 2020, 9:45 AM We still believe the future looks positive for the equity market, but ‘great expectations’ of the successful reopening of the economy and the eventual development of a vaccine, may be what hampers the market’s near-term performance as we saw last week. Read more...
Whatever we can and as long as it takes By Michael Knox 18 June 2020, 1:30 PM The road ahead for the Fed Read more...
COVID-19 Roadmap: Reality bites By Andrew Tang 16 June 2020, 7:40 AM The reality for the equity market is that even with strong fiscal and monetary policy support it will be around two years before business conditions get back to the levels needed to support pre-COVID-19 share prices. Read more...
Podcast: A third quarter correction in the S&P 500? By Michael Knox 11 June 2020, 11:30 AM The US equities market has already run to a level in excess of that justified by the stimulus of the Federal Reserve. We think it highly likely that forecasts of US earnings for the second quarter of 2020 will dramatically disappoint. The S&P500 is increasingly vulnerable to a correction. Read more...
Why the Fed and the RBA won't follow Europe into negative interest rates By Michael Knox 04 June 2020, 6:50 PM Fed research shows that negative interest rates damage the ability of the banking system to provide liquidity in times of crisis. They also damage the return on assets of banks even in normal times. Read more...
Podcast: ASX 200 — What is in the price? By Andrew Tang 28 May 2020, 11:15 AM The sharp bounce in the ASX 200 has left many investors wondering where to from here. I explain why investors need to tread carefully in the weeks ahead Read more...