David Bassanese, Author at BetaShares

Bassanese Bites

Weekly Outlook

Festive Mood

Global Markets
Global stocks remained in a upbeat mood last week, still basking in the after-glow of the US-China trade deal and continued encouraging signs of stabilisation in the global growth slowdown….

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Weekly Outlook

Sell the fact?

Global Markets
Two major market concerns appear to have been resolved over the past week, with US President Trump concluding his “phase 1” deal with China and the UK Conservatives romping to victory and making certain the UK’s “soft exit”…

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Market Insights

AFR Article: The risk of relying on consumer re-leveraging

The following is a copy of a contributed commentary for the Australian Financial Review on Friday 6 December 2019.
Consumer have stopped spending
This week’s September quarter national accounts proved at least one thing –…

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Weekly Outlook

Off Again On Again

Global Markets
Global equities got off to a poor start last week thanks to Trump’s decision to impose  tariffs on (small fry) Brazil and Argentina, a weaker than expected US manufacturing survey and –…

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Market Trends: December 2019

Reading time: 4 minutes
Key Global Trends – optimism prevails

Ongoing hopes of a US-China trade deal and signs of stabilisation in the two-year global growth slowdown allowed risk-on investor sentiment to prevail during November –…

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Weekly Outlook

RBA to cut to 0.25%

Global Markets
Wall Street hit new record highs last week with investors remaining ever hopeful of a trade deal.  On that score, the latest titbit of information was China’s pledge to tighten protections for intellectual property. …

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Weekly Outlook

Mixed Signals

Global Markets
Mixed signals with respect to progress in US-China trade talks saw global equities and bond yields ease back last week.  Otherwise there was relatively little to focus on, apart from the fact the  Markit US service and manufacturing indices were a bit better than expected on Friday. …

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Weekly Outlook

QE is coming

Global Markets
Global markets are currently enjoying a “no news is good news period” – ever hopeful that a US-China trade deal will get done, and no news to the contrary is encouraging as it suggests both parties are still at least talking….

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Why the $A could be headed to US62c

Why the $A could be headed to US62c

Reading time: 4 minutes
Despite a likely improvement in the global economic outlook in 2020, this note explains why the $A may well slip further next year –…

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Weekly Outlook

$A heading to US62c

Global Markets
Global equities continued to rally last week, buoyed by ongoing hopes that the US and China will eventually conclude a trade deal – despite some uncertainty over whether existing tariffs will be rolled back or not. …

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Market Trends: November 2019

Key Global Trends – equities still pushing higher

Major trends across the four major markets we track above remained unchanged last month, with global equities, gold and the $US still pointing up,…

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Weekly Outlook

Blue sky

Global Markets
It was yet another positive week for global stocks, with the S&P 500 reaching new record highs.  Ongoing optimism with regard to US-China trade talks, a good US earnings reporting season,…

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Weekly Outlook

CPI Ahead

Global Markets
Global stocks rose for the third week in a row, reflecting another (so far) better than feared US earnings season, tentative signs of stabilisation in global manufacturing and “no news is good news”…

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