Fixed Income

The ‘unorthodox’ policy of quantitative easing has been central to the excesses in markets, says JP Morgan’s Liang.

As one can expect, there was a lot of volatility in US Treasuries during this period, making it a challenging time for analysts.

History has shown that investing into bank loans and credit markets at or near current valuation levels has delivered high single digit and double digit returns over the long-term.

The Australian dollar could fall to US65 cents by the year’s end as higher interest rates in the US and capital inflows push the US dollar higher.

In a challenging environment plagued with uncertainty and volatility, rising inflation has turned investors away from risky growth assets.

As fixed mortgages expire in Australia, households will be hit by higher interest costs on variable mortgages which will threaten consumer spending and economic growth, according to new research.

The biggest question on the minds of every investor in the world today is clear: will the US experience a recession?

The end of 2022 feels a little like a blur of problems, people and red numbers, that’s not even considering what we have just been through.

This week marks the start of a fresh new year. ‘Out with the old, and in with the new’ is the old adage. Unfortunately, it’s not so straightforward with the Reserve Bank of Australia.

While several weeks ago now, the threat of 75 basis point hikes is no longer in the future, it has and will likely happen more than once in 2022.

With both equity and traditional fixed-income investments having exhibited significantly more volatility than most expected, and unfortunately at the same time, understanding and redefining what constitutes a defensive asset is central to managing portfolios in the “new normal” of higher inflation and interest rates.

After years of benign levels of inflation, the “beast” as it is known, reared its ugly head once again in April 2021, just as the world was emerging from the pandemic.