Piers Bolger

Financial Markets – 21 October

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Debate around Fed policy  Financial markets were again little changed over the week as investors digested both local and global economic data. Over the week US data continued to reinforce the underlying strength of the US economy. While debate continues around the need for further short term rate cuts by the Fed, we continue to f’cst one further rate cut … Financial Markets – 21 October

Financial Markets – 14 October

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US economy expanding along solid labour market figures Financial markets were little changed over the week as investors digested both local and global economic data. Over the week we saw US CPI slightly above market estimates (+0.2% m/m, +2.4% y/y) with Core Inflation up 3.3% y/y. Overall, the figure prompted a market review that the Fed may look to hold … Financial Markets – 14 October

Capital Markets Report

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Our latest Capital Markets analysis highlights a continued upward improvement in the forecast return and yield metrics across the majority of asset classes as global central banks come to the end of their cash rate tightening cycle as inflationary expectations peak. Nevertheless, while inflationary expectations have passed their high point, the lead time and path for inflation to reach central … Capital Markets Report

The Week Ahead – 18 December

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Investment Market Update: December 18 The December Xmas rally continued over the week with equity and bond markets higher, although domestic equities stole the show with exceptionally strong investment performance by the resources sector.  In addition, the rebound in the A$ (+2.0% v’s US$) also contributed to solid returns from both hedged global equities and GREITs.  The rally in equities … The Week Ahead – 18 December

Financial Markets Update: November

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Financial Market Update: November After a difficult period through September and October, financial markets rallied strongly over November. Comments from the US Fed around the ongoing direction of inflationary expectations and their own assessment that monetary policy was now in ‘restrictive territory’ resulted in both equity, property and bond markets moving substantially higher over the month as bond yields fell … Financial Markets Update: November

The Week Ahead – 11 December

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Financial markets enjoyed another solid week with equity and bond markets higher. Domestically, the weaker than f’cst GDP numbers (act +0.2% v’s +0.5% f’cst; +2.1% y/y) resulted in bond yields continuing to push lower with a view that the RBA is now finished with its tightening rates. While the ‘hold’ was expected at its Dec meeting, we still see the … The Week Ahead – 11 December

The Week Ahead – 4 December

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investment market update from infinity and piers bolger
Financial markets continued to rally during the week, supported by further dovish comments by US Fed Chair Jerome Powell who indicated that US cash rate policy was ‘well into restrictive territory’. We now take the view that US cash rates have peaked, and the next move will be lower. However, while the market is pricing in the first rate cut … The Week Ahead – 4 December

The Week Ahead – 27 November

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investment market update from infinity and piers bolger
Financial markets enjoyed a solid rebound over the week post the release of the US CPI data which was lower than expected. This resulted in a big uplift in both equity and bond markets on the back that the Fed may be done in regard to its rate tightening cycle. The week also saw the wrap up of the APEC … The Week Ahead – 27 November