In this episode, Henry catches up with his good friend, Julia Lee, who is probably well known to many through her media appearances. Julia Lee is the Chief Investment Officer at Burman Invest. She has 20 years of experience in financial markets. Her passion for investing combines fundamental and technical analysis to analyse companies and…
POINTS OF INTEREST The geared recovery sectors are bottoming in the US – Energy, Small companies, Airlines some of the best performers – same will happen here. Financials also leading the recovery – up 5-6% in the UK and leading in the US as well. Our banks appear to be bottoming. Resources not left behind…
The “Restart” theme continues. Bondi Beach is about to open, various States in the US are planning their re-openings and its fair to assume that the dominant theme for the stock market amidst the horrific/predictable/discounted economic headlines is getting the local and global economies back on the move. Generally happy to be in the market.…
BULLET POINTS The low point is surely behind us as the headlines turn towards ECONOMIC RESTART. But not so quick…. Boris back in charge – Boris is back on the microphone this morning making it clear that the UK are not going to prematurely lift social-distancing requirements and asking UK citizens to contain their impatience.…
On the Couch with Henry Jennings and Ben O’Leary our Back-Room Boffin Meet Ben O’Leary the Marcus Today Back-Room Boffin and Assistant Portfolio Manager on the SMAs which have outperformed over 20% in the last two months. Find out how he did it, some lessons he’s learned, what he thinks about the outlook and three…
I was on the ABC this morning – has delayed me a little bit this morning. What was the sign in the background? I have been emailed a few times. It was this: It’s a representation of my assertion that we have been through the ‘World is going to end panic’, we have then seen…
On the Couch with Henry and Richard Morrow In this week’s Episode of On the Couch, Henry talks to one of his oldest mates, Chairman of the Melbourne Mining Club and iconic Baillieu’s stockbroker Richard Morrow to discuss everything Mining with a particular emphasis on Gold miners and he gives us three stocks to watch.
STRATEGY SUMMARY Short term period of sober assessment to get through – As you know we have gone to 15-20% cash in our SMAs. That is basically us taking a negative view of the market in the short term (wrong today!). We think this ultra-fast sentiment recovery has probably run its course and is going…
On the Couch – Crash Course in Crashes This week we take a Crash Course in Crashes – the lessons we have learned from 1987 to today. Grab a coffee, settle in and enjoy!
EASTER EGG HUNT – OPPORTUNITIES GALORE The Damage so far – worst first. Our market is down 26.7% from the top having been down 38.8%. It is 19.8% off the bottom. The US market is down 21.63% having been down 35.4%. It is 21.3% off the bottom. The worst sectors include the Energy sector still…
