ANALYSIS: Capitalist economies tend to thrive when businesses can safely assume that governments will treat them fairly and consistently and that changes in regulations and taxes will be driven by broad policy objectives rather than erratic favouritism.
ANALYSIS: Attractive investment opportunities do exist and will continue to exist in renewable energy.
ANALYSIS: Separating the trend from the noise over results season involves both art and science. Good analysis can help you avoid jumping to conclusions too early.
ANALYSIS: The wolf has been huffing and puffing; will the retail, office, and industrial building market still stand?
ANALYSIS: A fair perspective is to say that monetary policy appears to be ‘working’ in New Zealand.
ANALYSIS: More choices generally allow active managers to exhibit their skill level over time, versus short-term periods of good or bad luck.
ANALYSIS: A new government does not meaningfully change the prevailing fundamentals for most companies.
ANALYSIS: The recent result season presented a large number of ‘one-off losses’. What is happening and what does it mean?
ANALYSIS: For most of history, the earnings yield on the US equity market has been higher than US Treasury bond yields.
ANALYSIS: The jump in higher interest rates over the past few weeks has brought about concerns that asset prices may need to adjust down.