Future performance is a function of current price, and so it should be no surprise given the recent declines that our forecasts have increased across the range of asset classes shown below. Returns in share markets for January 2014 stand in stark contrast to the same...
The All Ordinaries index of Australian Equities continues to move between the upper range of our Cheap valuation assessment and the lower range of Fair Value. With some weakness in the first weeks of January, we are now back in Cheap territory. The Australian share market...
We often speak of the impact of prices on future returns, and specifically that higher prices lead to lower future returns. In our approach to forecasting this is reflected in two elements, a higher price means a lower rate of income and also a reduced...
Picture yourself at the car dealership. You're with the family and it's time for you to (finally) make a purchasing decision. The car you want is there and it's in your price range, but the dealer is pointing you in the direction of another. This...
On Wednesday 6 November 2013, the Treasurer, the Hon Joe Hockey MP, and the Assistant Treasurer, Senator the Hon Arthur Sinodinos AO, announced the Government’s decision to abandon some of the previous Government’s tax and superannuation proposals. The following will be consigned to the rubbish...
The valuations for the asset classes below are based on our long term forecasts, and as we have said many times before – over the long term fundamentals are what matter. In the short term, changes in sentiment are often the dominant influence on price...