Central banks can’t buy gold fast enough, while gold miners are recovering after a dramatic selloff and Bitcoin, the asset previously regarded as digital gold, is having a miserable year.
Central banks can’t buy gold fast enough, while gold miners are recovering after a dramatic selloff and Bitcoin, the asset previously regarded as digital gold, is having a miserable year.
Oil has swung from a war premium to ceasefire calm to renewed conflict and back again in the space of five months, wrong-footing forecasters at every turn. Understanding what’s driving the chaos arguably matters more than picking a side on where the oil price goes next.
Ask most investors what determines their long-term returns and they’ll most likely talk about their asset allocation, the way they select their fund managers or their track records at getting macro calls right.
When it comes to ETFs, a few stereotypes abound. Passive, low cost, flexible, broad exposure. While there’s some truth rooted in the stereotypes – some ETFs are index-trackers and have lower fees after all – investors should be wary of leaning too closely on these in their approach to ETFs.
Markets have never lacked reasons to worry. There’s generally a long list of macro risks and challenges that need to be navigated. Yet the data on which investors succeed tells a clear story: cautious optimism has consistently outperformed pessimism.
If you're planning to invest $500,000 in Australia in 2026, the timing may be in your favour. With the Reserve Bank holding the cash rate steady at 3.6% and markets entering a phase of cautious recovery, investors are navigating a landscape shaped by stabilising inflation, firmer demand, and new appetite for resilient, income-producing assets.
Global investment sentiment gauges have rarely been this bullish, and history says that’s precisely when investors should pay closer attention.
Here’s what the data shows and what it means.
Most market commentaries explain major price moves after the fact with tidy causes that sound obvious only in hindsight. In my opinion, that’s not an intellectually honest approach in the current environment.
Access to the investing world has exploded in the last few decades. Investors may once have required brokers to do their trading, or apply directly to fund managers to invest. These days, investors have a range of options, direct and indirect for their holdings.
Australian households are carrying some of the highest debt loads in the developed world, yet the Reserve Bank is still weighing whether to raise rates again. In the event the inflation print due out on July 29th runs hot, a fourth RBA rate rise may become more likely than not.
Recently, I detailed the 250-year rise of the industrial property sector, a transformation that has seen it evolve from the physical backbone of early manufacturing and storage into one of the most critical forms of modern economic infrastructure.