RBA, not supply, inflated housing bubble
Policymaking hubris sowed the seeds of the last financial crisis, and gives one pause when considering whether Australia is prepared to deal with the next one.
Policymaking hubris sowed the seeds of the last financial crisis, and gives one pause when considering whether Australia is prepared to deal with the next one.
"Interest rates are the virus that affects all assets," says the head of research at Jamieson Coote Bonds, which warns the pain will be worse in equities.
Is the fixed-rate government bond market – to be distinguished from floating-rate securities – in the mother-of-all bubbles? Very likely.
The story of 2017 was how markets shrugged off everything geopolitics could throw at them. Can the synchronised growth across regions last?
It makes sense for retail investors have a larger allocation to other asset classes like corporate bonds. But it never happens.
The real unemployment rate is a critical variable for the Reserve Bank to get right - but it's not achieving this.
Charlie Jamieson is a contrarian who believes rates won't do very much for three to five years. If he's right, now could be a good time to buy.
The headline, or actual, cash balance was a hefty $8.1 billion lower than the official budget's forecasts only four months ago.
Tapering quantitative easing is having a devastating impact on interest rate sensitive sectors.
This month marks 10 years since a little known bank in northern England became a worldwide brand for all the wrong reasons.
Westpac's US$1.25 billion hybrid issue makes the ASX listed hybrid sector look very attractive on a relative value basis.
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