A second episode this week! Topics on the agenda today; how Marcus Today & Nucleus Wealth have performed thus far throughout the Coronavirus Crash, Marcus’ unique investment perspective, the impact (or lack thereof) of interest rate drops to the market, Trump’s obsession with the stock market, if there will be structural changes in Australia after
Today we look at the at the credit fallout of Coronavirus. What is the nature of this financial crisis? Is it over or does it have further to run? What is the role of banks and central banks? What are the implications for assets? All of these questions and more answered today by MB Fund’s
In today’s webinar (live 12:30 aedt), hear from MB Fund’s Head of Investment Damien Klassen, Chief Strategist David Llewellyn Smith, and Tim Fuller as they cover “The New Credit Ice Age.” Today we look at the at the credit fallout of COVID-19. What is the nature of this financial crisis? Is it over or does
MB Fund’s Head of Investments Damien Klassen was featured in a Fund Manager Q&A today with Livewire Markets focused on Nucleus having called the possibility of Coronavirus causing widespead crashes in January when there were just 400 cases. Livewire note what’s happened since: In just 9 weeks, those 400 cases have exploded to over 400,000
I don’t think performance fees help. Actually, I suspect performance fees probably do more harm than good. Reason 1: Work smarter not harder First, it is tough to incentivise people to be smarter. Numerous studies have shown that while bonuses make people work harder at simple tasks, they don’t make people smarter. Some even argue it makes people worse at
Chant West released its returns for superannuation funds for last month and a preview of the March massacre. Our funds beat the benchmarks by up to 3.7% in February. In March returns to date our funds look to be beating benchmarks by closer to 10%. We moved decisively into international cash and bonds at the
In today’s webinar, hear from MB Fund’s Head of Investment Damien Klassen, Tim Fuller and Jonathon Rochford of distressed debt lender Narrow Road Capital as they cover “Coronavirus Brings Feast to Distressed Debt Market” Topics include: corporate debt markets – how locked up are they and what will clear them, what Jonathan is seeing in
In today’s webinar (live 12:30 aedt), hear from MB Fund’s Head of Investment Damien Klassen, Chief Strategist David Llewellyn Smith, Tim Fuller and Jonathon Rochford of distressed debt lender Narrow Road Capital as they cover “Coronavirus Brings Feast to Distressed Debt Market” On the agenda today: (a) corporate debt markets – how locked up are
In today’s webinar, hear from Nucleus Wealth’s Head of Investment Damien Klassen, Chief Strategist David Llewellyn Smith, and Head of Operations Tim Fuller, as they cover “Coronavirus causes Markets State Of Emergency.” The agenda includes a virus update, discussion on the credit markets, stock market, property market, potential stimulus, when to buy back into markets
Today we’re doing a COVID-19 emergency podcast (in lieu of no RBA emergency meeting). It will cover everything from the virus spread to impacts on all markets: fixed interest, equities and property. We can’t do it live owing to quarantine so any questions you have please load in comments below before 10am. We’ll post poddy
Coronavirus shocks have resulted in a major blow to Australia by slowing economic activity with its major trading partner, China. We look at the 3 sectors hit hardest by this; Education, Tourism & Commodities. Slides referenced throughout the episode In today’s webinar, hear from MB Fund’s Head of Investment Damien Klassen, Chief Economist Leith van
Last month we threw in the towel on share markets. This month share markets were the ones to throw in the towel. From our previous monthly report: Share valuations have not been this expensive since the tech wreck. Earnings growth is pretty close to zero. A supply shock is accruing in China. So is a
The Q4 National accounts are hot off the presses, showing 0.5% of economic growth in Q4 2019, higher than analyst predictions. However, if you look below the surface, it’s far from all roses for the Australian economy. If you exclude net exports, Australia’s economic growth was lower than population growth. Slides referenced throughout the episode
About a month ago, I posted here about how to look at coronavirus statistics. At the time, it was all about early warning signs, ignoring China data and focussing on the rest of the world. That analysis worked well for highlighting the problem early and changing investment strategy in front of the herd. But that
As you may be aware, there have been significant falls in share markets over the last few days on the back of COVID-19 concerns. We have had concerned messages and calls from investors, and I wanted to give you more information. In our tactical portfolios, we manage the asset allocation for you. About a month
Stock Markets have been the last to catch onto the economic impacts of Coronavirus, and are now beginning to feel the effects. Join us for an update as we discuss the progression of Coronavirus outside China, and the resulting reaction of bond and equity marks Updated slides referenced throughout the episode In today’s webinar, hear
Stock Markets have been the last to catch onto the economic impacts of Coronavirus, and are now beginning to feel the effects. Join us for an update as we discuss the progression of the Coronavirus outside China, and the resulting reaction of bond and equity marks In today’s webinar, hear from MB Fund’s Head of
COVID-19 has been an issue for weeks. The bond market realised it. Forex markets realised it. So don’t give me the “Italy changes everything” bullshit. And spare me your “black swan” nonsense*. The reality is that very little has changed with the growth of COVID-19 over the last few days. If we look only at
It would have been difficult to lose money in January. Bonds, Aussie shares, international shares, residential property, it seemed like every asset was marching higher. Our own funds were no exception, our tactical funds all outperforming benchmarks. But, by the end of the month, we had thrown in the towel. Share valuations have not been
Dear MB reader, 2019 was an outstanding year of returns for MB Fund Portfolios, highlighted by our Growth fund up 17.8%; placing it in the top 4 growth Super funds in Australia. Over the 2.5 years of the fund, it has consistently outperformed the median super offering in Australia: ((1) The above returns are after investment fees
Christopher Joye joins us to discuss Bonds, Inflation, Zombie Companies and corporate debt. In today’s webinar, hear from MB Fund’s Head of Investment Damien Klassen, Tim Fuller and special guest Christopher Joye as they cover the “Attack of the Zombies”. Discussion ranges from Government and Hybrid Bonds, rising interest rates, Inflation & growth, Zombie Companies
The recent Australian Housing report from CoreLogic shows Australian Property has seen a powerful rebound in the past 6-12 months. Today we covered what the data shows, the reasons for the rebound, Catherine’s thoughts on the landscape, and most importantly, is it sustainable? In today’s webinar, hear from MB Fund’s Head of Investment Damien Klassen,
Be warned, folks, this is an advertorial. 2019 was an outstanding year of returns for MB Fund Portfolios, highlighted by our Growth fund up 17.8%; placing it in the top 4 growth Super funds in Australia. In celebration of this, we’re offering Brokerage-Free set-up for any new regular or super portfolio with the MB Fund
MB Fund’s Head of Investments Damien Klassen was recently featured on an episode of “The Market Huddle” with Kevin Muir (The Macro Tourist) & Patrick Ceresna In the episode, Damien gives insight into the numerous contradictions present within the Australian economic and political systems, with a focus on how the economy operates, and how Australia’s
Potential pandemic, shutdowns of major cities and supply chains in China, flight bans from one of the world’s largest sources of tourists, crashing oil demand. It sounds dire. Bond markets are reflecting a dire situation. Stock markets are generally up. Webinar slides available here Tune in as we discuss whether stocks or bonds have this
Potential pandemic, shutdowns of major cities and supply chains in China, flight bans from one of the world’s largest sources of tourists, crashing oil demand. It sounds dire. Bond markets are reflecting a dire situation. Stock markets are generally up. Tune in today as we discuss whether stocks or bonds have this one right. In
There is a certain seductiveness to a bearish investment argument. The chance to appear like a rational actor in a crazy world. The opportunity to be able to say “I told you so” at a future date. The moral superiority of the cautious investor. The problem is stock markets usually go up. The world belongs
Hi all. We are looking for beta testers for a property calculator that compares investing in property to investing in shares or renting. The calculator is at https://nucleuswealth.com/property-calculator Let us know in the comments where you think we have gone wrong… Below is a post that will accompany the calculator once tested. Deep in the Australian
In today’s webinar, hear from MB Fund’s Head of Investment Damien Klassen, Tim Fuller, and Dr. Steven Hail as they cover “MMT: coming to a politician near you!” Dr. Hail holds a PhD in Economics and is a lecturer in the topic at the University of Adelaide, where he uses a modern monetary frame to
Important note: Dr. Hail will be live on the air with us and available for questions during the episode In today’s webinar (12:30 pm AEST, Thursday 30th January), hear from MB Fund’s Head of Investment Damien Klassen, Tim Fuller, and Dr. Steven Hail as they cover “MMT: coming to a politician near you!” Dr. Steven
