Anatomy of the fall

Anatomy Of The Fall

I wrote an article at the beginning of last week called the “Anatomy of the Bounce” which included a look at the stocks that had fallen the most and were (presumably) likely to bounce the most on a relief rally. At the time the ASX 200 (ASX: XJO) had dropped 13.23% from top to bottom…

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Former head of the FOMC Paul Volker

We are on our own now

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…

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Wolf of Wall street

Crap Cars and Impotence

G20 met at the weekend. The headlines included – “Heads of ECB, BOJ, Fed and Eurozone meet at G20. The Bank of Japan has lessons to offer on dangers of low inflation” There is a potentially interesting development at G20. The usual uselessness of overpaid bureaucrats on a junket appears momentarily to have given way…

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Why the Stock Market Exists

This is a chart from the Australian Listed Investment Company Cadence Capital (CODE CDA) – the table is a little out of date but they make the point that out of around 2000 Australian stocks only 700 are profitable and that out of that 700 stocks they consider only around 35 are “good” stocks and…

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The ASX 100 Made Simple

Let me make the Australian stock market simple for you. There are over 2000 stocks most of which don’t make a profit. But you don’t need to worry about most of the Australian listed stocks and if you are like most investors one of your best ‘quality’ filters, as brainless as it might be, is…

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Travel Troubles

Travel Troubles

Four teenagers, 4 adults and two ‘geriatrics’ in two campervans for two weeks sounds like a recipe for disaster­ but the problems came not from the travelers but from other directions. Our middle son invited us to join him and his family on a trip to New Zealand.  Our youngest son and his family joined…

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Australian Ethical Fund small cap update

Update: Small Caps to Watch 2020

Back in November, we released our top picks for 2020 in the Small Caps space, you can grab a copy HERE. Here is the investment case for AEF we outlined in November. It has had a strong start to the year. Ongoing growth in FUM and strong inflows are expected to drive continued profit growth.…

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