The median Sydney house price is rising by nearly $6000 per week. In Melbourne, it is a similar number. Central banks and regulators are stepping in with tougher macro-prudential rules but that isn’t going to going to stop the boom. CBA calculating national prices will rise 7% in 2022 despite APRA’s move to lift serviceability…
In the instant gratification world, the younger generation lives in today, Instagram, TikTok, cryptocurrencies and NFT’s are the mediums through which a ‘career’ for a very loose use of the word can be formed. Most of them fuel a culture that goes against every financial theory you learn at university. A dollar today is worth…
DON’T LADBROKE YOUR SUPER Is anyone else sick to the back teeth of gambling adverts on television? The only good thing about Shaquille O’Neal (7'01") and Mark Wahlberg (5'8") ads is that they take airtime away from the Masked Singer ads. I cannot imagine any program that could be less interesting than the Masked Singer.…
I have spent 39 years in the stock market which is an embarrassingly long period of time because the truth is, as Emma keeps reminding me, if I was any good at it she would have been in the Bahamas years ago being waited on by a couple of nannies and a well-cut pool boy.…
A company that doesn’t require much of an introduction is Harvey Norman (HVN). An Australian retail icon that has been around for donkey's years. The antics of Chairman Gerry Harvey have been in the spotlight recently with the media highlighting his reluctance to hand back Job Keeper repayments after recording a 75% jump in net…
Newsletters are a cyclical business and all of us in the industry know that when the stock market turns down things will become harder for all of us, for Members and their investments and for Marcus Today as a business. Thankfully most corrections are short and sharp (the GFC was 18 months long which is…
I have been asked by one Member "What is Money Printing". I'm no economist, but this is my understanding – it's a complex topic and I am happy to be corrected by any budding economists as long as you can put it in language the other Members will understand. Here goes: The Fed has a…
Every results season, for the whole month of February and again in August, it is the job of broker analysts to analyse the stocks that announce results and it is purgatory. Poor brokers. Here’s why. In order to be competitive, at the very least, on the announcement of an important company result the big broker…
Signs of the top are things that, (only) in hindsight, will make it obvious that the market was coming up to a top. Things that in the cold light of a correction will blatantly reveal that investors, if not the world, had lost their objectivity. Things that the Man in the Moon can see but…
First up – Don't get too emotional about your big holdings in BHP or RIO or FMG (or other iron ore stocks) today – don't worry – we're going to wake up to iron ore up 20% one day soon. It's a market, it's not the end of the world. It is all about exploiting…
