EXCELSIOR Financial Editorial – december 2020

Just getting started: After the Dow Jones hit the symbolic 30k point in November and had its best month since 1987, is it time to take some risk off the table?  While it would make some sense to do so, many will argue stock markets are not done yet.  There only seems...

EXCELSIOR Financial Editorial – november 2020

Is it time to reassess our view on bonds? Recently Ray Dalio the founder of the world’s largest hedge fund firm said that he didn’t like bonds in a portfolio.  He argued that they were too volatile for the low yield that they offered by explaining that one day’s price...

EXCELSIOR Financial Editorial – october 2020

Stocks are the Economy “Stocks are not the economy” is something you may have heard while US indices were charging to new highs only months after a market crash.  There is of course some truth in that since the stock market doesn’t capture your trip to the local...

EXCELSIOR Financial Editorial – october 2020

Superannuation and the challenges ahead The superannuation industry has faced some immense challenges in light of the COVID-19 pandemic, such as dealing with the fallout – immediate and long term – of the Government’s announced changes to superannuation settings as...

EXCELSIOR Financial Editorial – september 2020

The K recovery: A lot of people have tried to predict what kind of recovery the US and global economies will have following the Covid crisis.  We heard of the V shaped recovery which was very unlikely.  Some have talked about a U shaped recovery.  We have even had a...

EXCELSIOR Financial Editorial – august 2020

Gold rush You have more than likely heard about gold lately, whether in the news, online or via friends. It has now crossed into all-time highs past $1,900 and several analysts have it reaching $2,000 in the not too distant future, possibly by year end. Throughout...