We have written a few times on this blog about property bubbles and have previously included the great interactive chart that the Economist does on Global House prices at least annually. Well its that time again to take a look at it so today we have two charts for you which might put the word bubble into some context.
The Hyperion Effect’s insight:
While the news in Australia is dominated by a slowing economy, a lacklustre retail environment, an alleged end to the mining boom and a high dollar killing our manufacturing, discussion has quite rightly turned to unemployment in the recent months.
For those of you who saw the recent Q&A episode in Australia featuring Bill Gates you may have, like me, been impressed with how he has chosen to spend his time in ‘retirement’. He tackled a wide variety of issues in the Question and Answer sessions ranging from health and philanthropy to technology and his phenomenal personal wealth. There was also a very interesting question asked about the ‘Cult of Greed’ that capitalism has created for which he had a very interesting response.
No, not Johnson, James…..LeBron James who according to a recent Forbes article, in addition to being the best basketballer in the world is also its greatest shoe salesmen. On the back of one of the greatest 12 months runs in professional sport where he won a championship, a gold medal, was voted the league MVP and led his team on the second longest winning streak in the history of the NBA, he also helped Nike sell a few shoes.
We have often written about the issues surrounding listening to the market and the noise that comes from many regarding buys and sells. So I was somewhat unsurprised to read a recent article in the Wall Street Journal that provided some insights into the minds of the analysts that make the recommendations on buys and sells.
In today’s Post we I talk about why Superannuation continues to be a good vehicle to plan for your retirement and accumulate assets. Remember, that even though the Government constitutes to tinker with and change it, the tax rate is still the lowest going around.
When the Government announced proposed changes to superannuation last month, the headlines talked about taxing of funds with balances above $2m, however the devil was in the detail as my colleague, Michael van Schaik explains in this clip.
Moore Stephens is dedicated to bringing you the most up-to-date information and live commentary as the budget release unfolds on May 14, 2013.
To get the latest insight on how the budget will affect you, tune into moorestephens.com.au/budget at 7.30pm next Tuesday or follow the conversation on twitter @MooreStephensAU.
Its an interesting question and one that got me thinking after I read this article in the Washington Post around U.S. Government attempts to allocate money to programs that are more successful.
With their hair a little whiter, their step not quite so sure Still they march on proudly as they did the year before. Theirs were the hands that saved us, their courage showed the way Their lives they laid down for us, that we…
Hedge funds were all the rage as the world emerged from the Tech wreck in the early 2000′s and as the market strated to move upwards people invested in them in droves (including yours truly).
In his inaugural address as U.S. President Franklin D. Roosevelt famously said that the only thing we have to fear is fear itself. The relevance of this quote became apparent to me today as I read an article from USA today titled Is fear factor hurting returns of risk-averse investors?.
With the news in the lead up to Easter focusing heavily on the problems in Cyprus with their banking system on the verge of a collapse it again provided the press with ample fodder to write about the next crisis that was going to doom us all.
With Easter almost upon us and the focus in my household turning towards the Easter Bunny and chocolate. I found the facts below on the Lindt website…….a very interesting read!
Today’s post has been some time coming. I started writing this around April last year, or more appropriately I saw the cartoon 12 months ago, and for one reason or another it slipped down the list. However on stumbling across it again, I realized that whilst simple it gives a very powerful message.
Great article last weekend in The Washington Post about why Voters should pay attention to politics. Investors should ignore it. Barry Ritholtz writes regularly for The Post and has a great blog called The Big Picture which I can highly recommend you check out.
In news out a month or so ago, Kodak exited chapter 11 bankruptcy in the U.S. after selling off almost 1,000 of the patents it have accumulated over the past 100 plus years as a company. Whilst Kodak hasn’t disappeared completely there is a long list of well known global companies that have fallen by the Wayside.
I saw an interesting article in the paper over the weekend about the level of preparedness by people for retirement. Whilst I generally understood that many people were unprepared, after all we see it almost every day, the figures were still quite alarming to look at.
I read with some amusement this past week that ANZ had revised its forecast of interest rates cuts here in Australia for 2013. Originally their economists had ‘predicted’ that there would be 100 basis points slashed off rates during the year.
On the back of CBA yesterday releasing another whopping profit and increasing their dividend, coupled with the news that online trading at the Commsec website is up 50% in the past 3 months, there are many out there talking up the Bulls in the market.
