Better ways to position for future inflation surprise
A notable theme over the past few years has been the dramatic flattening of breakeven inflation curves.
WYSIATI
Psychologist Daniel Kahneman Kahneman, together with his late colleague Amos Tversky, explored the many cognitive biases that impair human decision making, particularly in relation to uncertain events, and coined the acronym WYSIATI – What You See Is All There Is.
Linkers surge on UK inflation shock: a British history lesson
We discuss the surge in performance of UK inflation linked bonds and the benefit to Australian investors.
It’s time to MOVE
Two charts we are watching closely and what they mean to us and investors.
Global Fixed Income markets: a fragile balance
Tamar Hamlyn shares his observations of global macroeconomic policy following a study tour across the US, EU, UK, China and Japan.
Trump Election… the impact so far
Our view on the volatility since the Election result, however overall these events are favourable for markets and good for investors.
Incoming RBA Governor Philip Lowe’s speech
Tamar Hamlyn discusses recent comments from incoming RBA Governor Philip Lowe on 8 September 2016 on research conducted within the RBA and other monetary policy bodies.
Part 2 – How Quickly Can you Boil a Frog? – Why we should still think about inflation
Whilst current inflation is low, so are the returns on many low risk assets. This means inflation can still absorb a large part of returns and historically, this can be quite unpredictable.
How quickly can you boil a frog? – The case for hedging inflation risk volatility
Recent events have pushed both inflation expectations and bond yields to long-term lows, so should investors still worry about inflation?
Challenges and opportunities – the year ahead 2016
With the festivities behind us and a new year ahead it is a good time to reflect on what to expect from fixed interest markets. More of the same, or will the end of zero interest rates in the US bring something different?