As of today, what with the Australian All Ords down close to 250 points since its peak in early May, you are entitled to ask “are we still calm?”. Before last Thursday global equity markets were on the cusp of “peak calm”. No volatility whatsoever. We may well find it’s still ok once Europe and […]
Over the last year or so we’ve sent out many a chart comparing current share price valuations of varying metrics against times gone by. Particularly 1987, 2000 and 2007. As it turns out it seems this was totally unnecessary because the only chart that really matters is the one below. The one that shows that […]
Slightly confused at last week’s 5-day turnaround between the US Secretary of State Rex Tillerson’s statement suggesting “a softening of stance toward Regime Change in Syria”, and the subsequent delivery of 58 live tomahawk inventory to said Syria? Us too. What changed or was it always going to be this way? If it raises your […]
Dry Tinder can refer to a few things in 2017. For today, it’s what sits below financial markets after the “Hope” rally of the last 4 months. It’s about what renowned fund manager Bill Fleckenstein reminded us of recently- any downside that gathers even a sniff of momentum could accelerate very quickly into dislocation. And […]
As opposed to some of the excitement we had in financial markets toward the end of last year and the beginning of January, February has been a yawn. Almost a complete month of record highs for the US Dow industrial average! A few weeks ago the US Dow index moved through 20 000 as US debt […]
If the rest of 2017 proves to be as actioned packed as the first month we can say with some certainty that change is coming in 2017!! But before we cover areas of potential financial change we’re going to try and help bring some balance to the current Trump delirium. We find ourselves particularly confused […]
We reiterated in a recent post that many global “investors” may be waking up to the ever increasing possibility that the financial system, as we know it, is pushing the outer limits of survival. You should need no more evidence than negative interest rates and central bank buying of both bonds and stocks in order to […]
Welcome to 2017! Happy New Year. We hope you’ve used some down-time in the last couple of weeks to review whatever goals you may or may not have had in 2016, and find yourself recharged for 2017. After the events of last year, it’s interesting to ponder what might be in store for us investors this […]
The wait is finally over. Last night, almost a year to the day that we were promised four rate rises within the year, the almighty US Fed raised rates for the second time in a decade. Why, you ask? Why else but “the recovery”! The very same recovery that the American people rejected, some argue […]
What the hell’s going on at “The West” these days? We read a report in this morning’s digital version, citing comments from OECD Chief Economist, William White, who warns us that global risks are far greater than what they were at the start of “The Crisis”. You know, the crisis that finished with this current […]
Aurum Echo 
Recent Comments