Market Commentary
As I write I am observing headlines indicating individual stock markets around the global are hitting 9 – 10 year highs, or in many cases,...
10
Jan
Market Commentary
07
May
Investing – Active vs. Passive (Part 3)
Recently we have observed an increase in the temperature of the debate about passive and active investment strategies. In a speech by the CIO of...
13
Feb
Residential Property and the ‘Minsky Moment’.
To paraphrase Mark Twain, the death of residential property has been greatly exaggerated, or at least been called prematurely for some years now. In Michael...
18
Dec
Market Commentary – ‘Tis the Season…’
The following is a summary of our key observations from the current year and assessment of the year to come. As you may be aware...
24
Aug
The China Syndrome
China announced its 12th Five Year Plan in March 2011. A key part of this plan was the intention to redirect growth towards consumption and...
Leaning into the wind – International Equities
Ever wonder about the place International equities has in your portfolio? Financial Planning magazine asked David Graham for his views on this asset class and...
28
Jul
Understanding the Chinese Stock Market
The media has been awash with the news that the Chinese stock market, on Monday, had its largest one day fall since 2007. At 8.5%...
24
Jun
David’s End of Financial Year Thought Bubbles
Firstly, let me wish you a Happy New (Financial) Year in advance. Many of you will know Anne and I are taking a few weeks...
17
Dec
Market Commentary: ‘Tis the Season…’
Over the past few years, you may have heard the term ‘the Santa Claus Rally’. This refers to rising global equity markets that have been...
22
Sep
Market Commentary – September 2014
Peripheral Perspectives The idea of ‘Reversion to the Mean’ was first raised by Sir Francis Galton in a paper written in 1886. Although his ...