Markets

Negative-yielding debt topped US$18 trillion at its height in late 2020, representing a quarter of global bonds outstanding at the time. With the stock of negative-yielding bonds now yielding in the positive, owners of the debt face ugly marked-to-market losses – but counter-intuitively, there were investors willing to buy them.

Credit and equity markets both suffered a very bad 2022, as the collapse of negative correlation between stock and bond prices left no safe haven for investors. But 2023 could be a big year for bonds, and experts say investors waiting on the sidelines risk missing out.

Debt assets may be de jour, but the income they produce is fraught with peril if it doesn’t include the kind of diversity senior secured loans provide.

Thing are looking up for retailers, and especially groceries providers, as higher prices drive profits. But the roads won’t be paved with gold to Woolies and Coles forever.

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.

August reporting season is in full swing. Here we cover the FY22 results and future outlook for Treasury Wine Estates and Transurban.

With sufficient cash flow and an upwards earnings trajectory, Telstra’s dividend should continue to grow despite the departure of its CEO.

The bullish market reaction to the latest US inflation read, should come with a pinch of salt.

Elon Musk once famously claimed, “lithium batteries are the new oil”. Yet lithium-ion batteries merely trade the oil problem for a lithium problem.

An action-packed month of record dividends, soaring energy prices and rising inflation are all expected to be key trends this earnings season.

Last week’s effort by the Federal Reserve to curb inflation by raising US rates by another 75 basis points will likely see inflation decline in 2023 and will likely tip the economy into recession.

Emissions of carbon dioxide and other greenhouse gases struck a record level in 2021. The good news is that more institutional investors are adopting investment policies to combat climate change.