France Italy and Spain are all seeing the trend of deaths slowing down – a “Light at the End of the Tunnel” – some countries are talking about lockdown ending in less than a month at the end of April. The horrible headlines continue but we are getting numb to them because we all know…
On the Couch – Member questions Henry Jennings hosts Marcus Padley on the Couch answering Member questions. This podcast contains information that is only general in nature. It does not take into account your personal financial situation, needs or objectives. Nor does it take into account the financial needs of any specific person. You should…
LUCKED OUT Some fund managers celebrate a 1% outperformance of their benchmark over a year. The Marcus Today Growth SMA has outperformed its very demanding ASX 300 Accumulation benchmark by 23% in a month and is down just 6.1% from the top and that's before the bounce this morning. Most of that performance has come…
We have made our big call and have gone from 70% “out” to 81% “in” in the Marcus Today Growth portfolio. We have had a few emails about what we have bought/hold – these are always available on the PORTFOLIOS tab on the website but here is a list of our current holdings. If you…
The Marcus Today Growth SMA has outperformed its very demanding ASX 300 Accumulation benchmark by 20% in just over a month courtesy of a 70% plus cash holding. Well done us, but that’s not the point. The point is that having reduced cash from 70% to 40% yesterday, this morning we are (almost) “All in”.…
Our market down over 400 points on the open (8%) TODAY’S CONCLUSION – Not buying although the “Don’t buy anything” message will become more unsophisticated as every day goes past. We have to be slightly smarter than that because I guarantee you, at some point the tone of this is going to change, improve and…
Back on February 21st, we wrote of the need to be careful as snipers about. We had compared the market during reporting season to a bloody futile charge at enemy lines during WW1. One by one of the star stocks was being picked off. In fact, we had spent some time deliberating on the APT…
I (Marcus) wrote on Saturday that “As the market floats in space, happy go lucky, we have to ponder where the gravitational pull is going to come from, the as yet unclear 2020 development that brings it back down to earth, because, as my accountant, a not unintelligent man, said to me last year, and…
Paul Volcker was the Federal Reserve chairman before Greenspan. He was appointed by Jimmy Carter in 1979 and served as the US central bank’s chairman until 1987. Volcker was the man who, in an inflation obsessed era (the 1980’s), worked out that reacting to a rise in inflation didn’t work, and that central banks had to…
Zoono Group (ZNO) continues to soar as it today up another 25% after it announced an exclusive distributorship in Singapore for its technology to combat viruses and bacteria. One of the few winners from the Coronavirus outbreak. The company is awaiting German lab tests on its efficacy in fighting the virus. Since we recommended ZNO…
