Three of the top four performing companies in the S&P/ASX 100 over the past year operate thermal coal mines, which points to remarkable structural imbalance in the market.
The impact of higher interest rates imposed by the Reserve Bank of Australia is being felt, with borrowing capacity taking a dramatic hit across the nation.
From shorting banks to going long on software and putting cash on the throne, fund managers give their thoughts on near term opportunities with reporting season in the rear view mirror.
In 2016 the number of SMSFs with at least 90 per cent of assets in a single investment class was 30.7 per cent. In the latest annual release that number has improved only marginally to 27.7 per cent.
Many have seen the value of their superannuation, property and share portfolios fall over the past six months, which has only highlighted the need for quality advice.
Mortgage holders will start to see the effects of sequential rate rises by December, but it’s after the break that the real impact will hit home.
A dramatic reporting season saw over 40 per cent of companies surprise to the upside, less than 30 per cent disappoint and a third fall in line with expectations.
While the pandemic is largely in the rearview mirror, its effects still linger. Three ASX staples detail the existing challenges and the road ahead.
Equity markets are failing to appropriately account for tightening monetary policy. Catching up is not good enough, economists say.
With so much negativity circling, one would assume that the market is likely heading lower or treading water at best. Wrong.
