In today’s investment webinar MB Fund’s Chief Strategist David Llewellyn Smith, Head of Investments Damien Klassen, and Head of Advice Tim Fuller cover the continuing saga unfurling with China, our biggest trading partner. As the behemoth in demand of global commodities, it makes a lot of sense to consider China’s real influence in both global
The market is oscillating between value and growth months. In May it was the turn of value portfolios (including ours) to outperform. Our direct equity portfolios beat benchmarks by over 1% on the month and our tactical asset portfolios finished up between 1% and 2.7%. We have, however, called time on the value trade. The
In today’s investment podcast MB Fund’s Chief Strategist David Llewellyn Smith, Head of Investments Damien Klassen, and Head of Advice Tim Fuller cover the final in our series of three podcasts on the contrarian view for inflation. This time we look at what to do from an investment perspective. On the agenda: Now vs History
This is the final in our series of four posts on the contrarian view for inflation. This time we look at what to do from an investment perspective. The inflation head-fake In part one, we looked at inflation today not being the same as inflation in the 1970s. We looked in particular at issues that caused
This is the third in a series of four posts on the contrarian view for inflation, this time dealing with the inventory supercycle. Part one: This dealt with inflation today not being the same as inflation in the 1970s. Part two: the China inflation problem: Commodity inflation is far more leveraged to Chinese stimulus than
In today’s investment webinar, MB Fund’s Chief Strategist David Llewellyn Smith, Head of Investments Damien Klassen, and Head of Advice Tim Fuller are set to provide the lay of the land on our contrarian view of inflation. The inventory rebuild/supply chain “pig in the python”. The price signals of today are creating the excess capacity
This is the second in a series of four posts I’m publishing on the contrarian view for inflation. Part one: Inflation today is not the same as inflation in the 1970s. Part two: commodity inflation is far more leveraged to Chinese stimulus than developed market stimulus. And the signs are ominous. Part three: the inventory
Runaway inflation is the theme du jour. “Protect your portfolio from hyperinflation” scream headlines from investment newsletters. I have an alternative scenario for you. Current inflation is supply-chain and commodity bubble-based, temporary, and the recent price signals will actually create the opposite effect. It is a detailed argument. So, I’m going to present the alternative
In today’s investment webinar (LIVE 12:30pm AEST), Nucleus Wealth’s Chief Strategist David Llewellyn Smith, Head of Investments Damien Klassen, and Head of Advice Tim Fuller are set to provide the lay of the land on our contrarian view of inflation. Topics on the agenda: Inflation today is not the same as inflation in the 1970s.
In this week’s investment podcast, MB Fund’s Chief Economist Leith van Onselen, Head of Investments Damien Klassen, and Head of Advice Tim Fuller investigate if 10 years of Australian budget deficits actually matter Topics covered: Key budget parameters & investment implications No more big New Zealand Labour market tightening and unemployment Immigration How stimulatory is
This week our attention turns to the growing electrification of our world. Nucleus Wealth’s Head of Investments Damien Klassen, and Head of Advice Tim Fuller are joined by energy aficionado Paul Martin to help us determine if battery tech will ice the petrol car You can read Paul’s articles here: https://www.linkedin.com/in/paul-martin-195763b/ Timestamps: 00:00 intro 01:27
Australian property market prices continued to climb over the last month, and mortgage interest rates stayed constant. There are some extraordinary divergences in affordability. It has never been cheaper in most markets to service a mortgage, but never more expensive to save for a deposit or pay off the loan. In general, housing valuation and
In today’s investment webinar, MB Fund’s Chief Strategist David Llewellyn Smith, Head of Investments Damien Klassen, and Head of Advice Tim Fuller discuss why it’s time to move assets offshore Following the Great Pandemic of 2020, the global economy is entering a robust recovery. This new business cycle is not like those that have come
Today we turn our eye back to Australian property as low interest rates has fuelled a marked surge in demand as the economy rebuilds post pandemic. What has emerged however, is a two speed house price boom. With a superb run up in prices of suburban houses, as space and isolation are sought, prices of
The thought of retirement can leave most people with a remarkable range of emotions. For many, it proposes a terrific milestone of life that frees up time to pursue opportunities for leisure, travel and more time with family. For others, it poses an ominous end of reliable income and stability, leaving anxiety about the unknown
The Q1 2021 reporting season is in full swing in the US, Europe and Japan and profits are booming. Markets are expensive, but if the upgrades keep coming the current prices won’t look so bad… In the US, even the company at the worst 25th percentile has seen upgrades to forecasts: Disclaimer: Q1 2020 to
In today’s investment webinar (LIVE 12:30pm AEST), MB Fund’s Chief Economist Leith van Onselen, Head of Investments Damien Klassen, and Head of Advice Tim Fuller are joined by property buyers advocate Catherine Cashmore to get an on the ground look at Australia’s housing boom. After a tumultuous 2020, that saw rocky and rebounding equity markets,
March was a month for value stocks to shine. Global markets boomed, up 5% and Australian markets rose 2.4%. We had positioned our portfolios for a rise in bond yields and a rotation to value stocks and so our portfolios outperformed benchmarks. Our asset allocation portfolios all rose as well, our growth portfolio the best,
With vaccine clotting issues causing delays to rollout worldwide, MB Fund’s Chief Strategist David Llewellyn Smith, Head of Investments Damien Klassen, senior analyst Radek Zeleny, Head of Advice Tim Fuller the investment team investigate if this be catalyst for a stock market stumble Locally, our own federal government is currently under fire for a slow
Will the Australian Dollar (AUD) continue to climb in 2021? In today’s investment webinar, Nucleus Wealth’s Chief Strategist David Llewellyn Smith, Head of Investments Damien Klassen, and Head of Advice Tim Fuller discuss where next for the Australian dollar. On the agenda: Global and Australian growth Interest rate differentials Investor sentiment and technicals The relative
In the inaugural episode of our MB Fund Empower Podcast, MB Fund’s Head of Operations Shelley George is joined by our Head of Advice Tim Fuller to talk about all things Superannuation Empowering you to develop money and investing as tools for living your fullest life. Can’t make it to the live series? Catch up
This week our attention turns to global stocks post covid rebuild, as investment professionals the world over mull the opportunities and pitfalls of the various sectors in the market on the search for reliable growth. With traditional defensive stocks not currently behaving defensively, the new challenge lies in optimising global coverage that positions for growth
In today’s investment webinar, MB Fund’s Chief Strategist David Llewellyn Smith, Head of Investments Damien Klassen, and Head of Advice Tim Fuller investigate the question “Are we experiencing a Commodity Supercycle?” View the presentation slides: https://nucleuswealth.com/wp-content/uploads/2021/03/supercycle.pdf As the world is tiptoeing its way out of the coronavirus pandemic, the consequent surge in the price of
In today’s investment webinar, MB Fund’s Chief Strategist David Llewellyn Smith, Head of Investments Damien Klassen, and Head of Advice Tim Fuller are joined by Australian economist, Professor Ross Garnaut to talk about his latest publication ‘Reset: restoring Australia after the pandemic recession‘. The pandemic has brought immense disruption to the Australian way of life,
Nucleus Wealth’s Head of Investments Damien Klassen, Head of Advice Tim Fuller and Adrian Redlich, Chairman of the Merricks Capital Investment Commitee give the rundown on seeking value in alternative markets. You can find Adrian at Merricks Capital On the agenda: An overview of the crisis – vaccines, recovery, asset classes to watch Real estate
MB Fund’s Chief Economist Leith van Onselen, Head of Investments Damien Klassen, Head of Advice Tim Fuller and Economist Dr Cameron Murray discuss the drivers behind Australian Housing’s recent upwards roar. You can find Cameron at Fresh Economic Thinking On the agenda: Strongest growth in property prices since 2003 Mortgage & Auction markets are booming
MB Fund’s Chief Strategist David Llewellyn Smith, Head of Investments Damien Klassen and Head of Advice Tim Fuller discuss if record low interest rates, pandemic level monetary and fiscal stimulus along with surging asset prices translate into long term inflationary pressures On the agenda: Inflation factors: commodity prices, supply disruptions, structural & cyclical factors Deflation
January saw equity markets take a breather after a strong rally into the end of the year. Equity markets were mixed, the Dow down 2%, S&P 500 down 1% while Nasdaq powered on +1.4%. Globally, France lost 2.7%, the United Kingdom slipped 0.8%, Japan added 0.8% while here in Australia we edged forward 0.3%. Defensive
Seeking financial advice can be a daunting endeavour. With more than 80% of Australians without financial advice, and 45% of the adult population calculated to be financially illiterate, there is proof that work needs to be done to help more people get help with their personal finances. This article aims at those who had never
MB Fund’s Head of Investments Damien Klassen, and Head of Advice Tim Fuller lay out the Bull Case for Investment Markets in 2021. Global equities, as of this week, have gained around 70% since the nadir of the market falls in march — an outcome few would have predicted during a global pandemic. But will
