ANALYSIS: It seems that even mega-cap tech growth stocks have a habit of changing their (valuation) spots over time.
ANALYSIS: For most of history, the earnings yield on the US equity market has been higher than US Treasury bond yields.
ANALYSIS: The jump in higher interest rates over the past few weeks has brought about concerns that asset prices may need to adjust down.
ANALYSIS: Maybe there should be mechanisms introduced to streamline the post-election government formation process.
ANALYSIS: There are parallels between 2023 and other periods following central bank hiking cycles to suggest that fixed income could be ready for a resurgence.
ANALYSIS: In understanding a company’s potential future operating margins, it’s often useful to understand how its economic characteristics compare.
ANALYSIS: A closer look at what this means, in particular with regard to recent SkyCity provision and impairment announcement.
ANALYSIS: ... pointing to a structural Chinese slowdown?
ANALYSIS: For the first time Rio/NZAS do not hold all of the negotiating cards.
ANALYSIS: Ultimately, the value of an investment in shares is linked to the ability of the underlying companies to distribute cash to shareholders.