Editorials Library

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...

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...

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...

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...

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...

A V shaped recovery? As recently as yesterday, the White House Economic Adviser Larry Kudlow announced that the US economy was poised for a V shaped recovery. This narrative is in part what has driven markets upwards and sustained the rally since the March lows of...

If you are wondering what markets are doing and where they are going you are not the only one. Since the market lows this March, equity markets are on a tear. Record high unemployment? Bullish. Crashing GDP numbers? Bullish. Glimmer of a vaccine? Bullish. End of the...