Economics

An eventual market correction won’t necessarily be marked by its depth, the famed British investor writes, but by its speed. Caution may come at a price, but Ruffer believes that cost will take on a different perspective by the time it’s been paid in full.

It’s up to incoming Qantas CEO Vanessa Hudson to restore the Spirit of Australia’s battered reputation after a series of high-profile trust breaches. But getting the Flying Kangaroo back on top will take some guts from the board.

The use of interest rates by the RBA and other central banks as a means to tackle inflation is a critical economic mechanism, writes adviser David Simon. The importance of monitoring and managing this “silent enemy” cannot be understated.

Those that have made high returns by overpaying for higher-risk/lower-quality credit have been lucky, but credit conditions are unlikely to be as benign in the future, writes former Australian Catholic Super CIO Michael Block.

Household wealth in September recorded its third largest quarterly decline since the Australian Bureau of Statistics began keeping records in 1989. And wealth is likely to keep falling in the coming quarters, as the lagged effects of interest rate hikes flow through.

Sir Isaac Newton was one of the greatest scientists in history; he founded classical mechanics and the law of universal gravitation. For all that, he lost his life savings in the South Sea Bubble of 1720.

Some of the world’s biggest companies including Mcdonald’s, Alphabet and LVMH released quarterly earnings last week. Here are four takeaways for investors.

The end of FY2022 feels a little like a blur of problems, people and red numbers; that’s not even considering what we have just been through.

If managing a bond portfolio is a daily tug-of-war between art and science, Adam Grotzinger, senior fixed income portfolio manager at Neuberger Berman in Chicago, is on the side of the former.

In a year shaped by geopolitical tensions, a pandemic, war, inflation and supply-chain disruptions, the number one threat perceived by the general public remains inflation.

Legendary hedge fund billionaire and investor Howard Marks, founder of Oaktree Capital, is one of the most respected finance commentators in the world, by virtue of his clarity and understanding of the market cycle.

After months of fretting about soaring inflation, markets are now fully in recession-fear mode.