Date registered: January 28, 2012
Jun 05
Source: Morningstar The above is a long term chart of the S&P Spain Property Total Return index denominated in Euro. I was doing some other work looking for a particular index and came across this one…I thought it might be interesting and I guess it is…if you’re not Spanish. I don’t know how many property securities are …
Jun 01
Australian Government Bond Yield Curve – 1 June 2012 – 4.06pm Source: www.bloomberg.com The 3 year Australian government bond is currently 2.06%…this is truly extraordinary. When you throw in the fact that Germany, USA, and Switzerland also have record low bond yields its really looking like a serious run for safety…but major equity markets haven’t really moved …
May 30
Source: RBA I know I’ve written more posts on the Australian Government Bond Yield than ever but with the yield curve hitting record lows its pretty hard to ignore. The above chart shows where the yields finished yesterday and today they’re lower again. The European situation is definitely the main driver as funds move to …
May 25
Found the above heat map in an interesting article on life cycle financial planning on Milliman’s website … click here for the article. I think the heat map speaks for itself…(although apologies for the spelling errors..my bad)…and clearly points out the risks that generally need to be addressed at various points in time. As the …
May 20
Source: Delta Research & Advisory Pty Ltd The above chart shows the probability of running out of funds in retirement for someone who retires with $1,000,000 in today’s dollar and draws $55,080 each year (ASFA Retirement Standard for a comfortable retirement for a couple), growing at 3% inflation. It is assumed the funds are invested …
May 18
Source: RBA In less than 2 weeks the Australian Government Bond yield curve has dropped another 20bps plus and since August last year, the yield curve has dropped around 160bps on average…which means for bond fund owners double digit returns over the previous 12 months continue. Obviously the main reason for this drop in yield …
May 12
Paul Krugman, Nobel Prize-winning Princeton Economics Professor, has placed an upcoming presentation on the European Crisis on his website…please click here. It is such a simple story as to how badly Europe is going, why it erred, and why to continues to err. Some of the fascinating points in his slideshow include… British GDP has performed worse …
May 10
As expected the Federal Budget focused on a surplus and to the government’s credit is looking to distribute some of their mining profits to the not so wealthy. Whilst the opposition is suggesting that some of the cash payments will be going straight to retailers instead of their intended purpose, that’s not necessarily a bad …
May 08
I thought this list would have contained at least a couple of Australian banks given their high credit ratings, profitability, and belonging to one of the stronger developed economies of the world. Anyway, the top 10 strongest banks can be found by clicking on the following link… Bloomberg’s List of World’s Strongest Banks. or World’s …
May 07
Source: RBA As the above chart shows, the yield curve has dropped 70 to 90bps for all terms since March 19. With a 3 year bond yield just above 2.80%, which is close to where it was during the worst of the GFC, its pretty obvious markets aren’t too confident in the strength of our …