21 August 2014 by Kris Sayce
12 August 2014 by Kris Sayce
Think what you will of the banks (and we don’t care for them much), but there’s no denying that happy bank share prices also tend to mean a happy market.
11 April 2014 by Callum Newman
10 April 2014 by Sam Volkering
25 March 2014 by Bengt Saelensminde
The truth is, nobody knows exactly when the big interest rate reset will come. I’ve been a proponent of the ‘Interest rates will stay lower, and longer, than anyone believes’.
15 August 2013 by Kris Sayce
There are two ways to look at yesterday’s Commonwealth Bank’s profit results. But to be honest, we’ve already made our position clear on where the market is…
15 August 2013 by Nick Hubble
The collapse in Australia’s shadow banking sector is happening in slow motion, mostly delayed by Australia’s epic bureaucratic and legal shenanigans..
13 March 2013 by Nick Hubble
Let us tell you about three banking and retirement scams the Australian government is getting ready to inflict on you. Two are already in operation and a third is in the works.
17 January 2013 by Kris Sayce
We believe CBA shares are now ‘priced for perfection’. Which is why we offer caution to investors in the Commonwealth Bank.
29 December 2012 by Callum Newman
For the final edition of Money Weekend we’ve brought you a taste of this year’s most popular articles (and more).
15 December 2012 by Callum Newman
You might remember the Australian government ‘lent’ its AAA rating to the Australian banks during the global financial crisis so they weren’t shut out of foreign money markets. So any threat to the Australian government’s AAA ranking is a direct threat to the Australian banking system.
12 December 2012 by Murray Dawes
If the Reserve Bank of Australia (RBA) is lowering interest rates due to deterioration in the underlying economy, is that really a signal to buy the stock market?
26 November 2012 by Dr. Alex Cowie
Australian banks would have you think they are amongst the most secure banks in the world, but ‘they’re just houses of cards built on quicksand.’
09 November 2012 by Kris Sayce
With all the evidence showing the overseas banking system is on the edge of collapse, Australia’s banking regulator (APRA) insists on spinning the yarn that Australian banks are just fine, so don’t worry about anything. Today’s Australian reports: ‘Australia’s biggest banks would survive a global economic disaster that included a disorderly resolution in Europe, a [...]
11 October 2012 by Kris Sayce
‘The American public feels like there was no Old Testament justice. What they saw, banks bailed out and all these people make all that money, and including the banks that failed, people made a lot of money, and there’s some truth to that. There is some truth to that. I can’t make up for what [...]
27 September 2012 by Kris Sayce
If you’ve read Money Weekend over the past three weeks, you’ll know that soon we’ll launch a new free eletter. The eletter will cover some of the topics we’d like to write to you about in Money Morning, but can’t. The reason is that this is supposed to be a mainly financially based newsletter. So [...]
21 August 2012 by Nick Hubble
You’ll soon think back longingly to the times when Australian banks were stupidly profitable: ‘Remember the good old days when The Age reported, ‘the combined yearly profits of the big four banks now total more than $1000 for every person in Australia.’ Back then, people thought profits were bad. Ha, little did they know…’
10 August 2012 by Kris Sayce
Finally, mainstream bankers and economists admit the market has beaten them. No, we’re not talking about multitrillion dollar banking bailouts. And we’re not talking about the unending European debt crisis. So what is it that has Australian banking and economic minds stumped? It is…wait for it…$2. That’s right, $2. Not $2 billion, or $2 trillion, [...]
06 July 2012 by Greg Canavan
Years ago I read The Great Depression by Lionel Robbins. He was an eminent British economist who took over the chair of the London School of Economics in 1929. A young Friedrich A. Hayek was one of his first appointments. Having experienced the Great Depression, he wrote about it without the benefit of hindsight or [...]
06 July 2012 by Kris Sayce
Credit and money lending have gained bad reputations recently. Yet, without them the economy would grind to a halt. Innovation would cease, and living standards would drop. As long as it’s well managed, credit is a virtue. But as we all know, sometimes it isn’t well managed. And that’s where things don’t always go to [...]
04 June 2012 by Nick Hubble
Kris is at home today. He claims to be taking care of a ‘sick nipper’, but we all know that he’s actually busy framing the front page of the weekend edition of the Financial Review. That’s because it features a chart of Australia’s falling house prices. Remember that such an event was once considered a [...]
22 March 2012 by Kris Sayce
“Buffett’s chosen low-cost S&P 500 fund gained 2.08 per cent in 2011 to beat the five portfolios of hedge funds Protégé chose, which were down 1.86 per cent. Through four years, the hedge funds are down 5.89 per cent. Buffett’s index fund is down 6.27 per cent.” – Associated Press “German Chancellor Angela Merkel told [...]
27 February 2012 by Greg Canavan
While travelling through Turkey recently, I read The Middle Sea: A History of the Mediterranean. I find that it always helps the travelling vibe to read something about the region you’re in. Apart from Italy, Turkey’s contribution (in a geographical sense) to the history of the Mediterranean was profound. Apart from some fantastic historical anecdotes [...]
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