David Bassanese, Author at BetaShares

Bassanese Bites

Market Insights

Recession watch

Global markets
Global equities weakened further last week, although not due to another surge in bond yields. Rather, it was due to signs of a weakening in corporate earnings from two major US retailers,…

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Market Insights

Growth scare

Global markets
It was another challenging week for global markets, not helped by a higher than expected U.S. inflation report and a concession by Fed chair Powell that he might not be able to stop the economy tumbling into recession….

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Market Insights

A glimmer of hope?

Global markets
Such is the potentially oversold nature of global equity markets in at least the short-term, stocks managed to surge last week on the day the U.S. Federal Reserve delivered the widely expected 0.5% interest rate increase –…

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May Trends 2022

Market Trends: May 2022

Global equities – rate fears return
Global equity returns dropped back in April as fears of aggressive U.S. interest rate increases, China’s COVID-induced lockdowns and the ongoing war in Ukraine conspired to dent sentiment –…

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Market Insights

Breaking point

Global Markets
Mixed earnings reports, hot U.S. wage and price inflation, and the prospect of an aggressive U.S. Fed rate hike conspired to send global equities lower again last week. Of course,…

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5 ETFs for rising interest rates and inflation

Reading time: 4 minutes
Global inflationary pressures and interest rates have lifted notably so far this year thanks to strong demand and supply bottlenecks. Inflation appears likely to remain high and more central banks are looking to raise interest rates….

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Market Insights

RBA to hike 0.15% next week

Global Markets
It was a familiar story last week, with global equities again under pressure from the onslaught of hawkish rhetoric from central bankers. The highlight was no less than U.S….

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Market Insights

Peak inflation?

Global Markets
Higher bond yields and oil prices caused global equities to remain on the defensive last week, with further hawkish talk from the Federal Reserve, OPEC stubbornness, ongoing Russia-Ukraine hostilities and uncomfortably high US inflation….

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Market Insights

When Doves Talk

Global Markets
It was all about the Fed again last week, as further hawkish commentary pushed U.S. bond yields higher and U.S. stocks lower. In what seemed a shock to many,…

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Market Trends: April 2022

Global Equities – March rebound
Global equity returns enjoyed a modest 2.6% rebound in March, after a decline of 1.0% in February and a larger 6.1% decline in January. The rebound appears to reflect optimism that prospective U.S….

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Market Insights

Becalmed

Global Markets
Global equities consolidated last week after solid gains over the previous two weeks, with the most notable market movement being a sharp drop in oil prices as the U.S….

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Market Insights

Faster is better

Global markets
There continues to be a strange divergence in global financial markets. Global bond yields surged further last week as strong U.S. economic data and hawkish Fed rhetoric saw bond markets almost fully price in a 0.5% rate hike at the May Fed meeting –…

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Market Insights

Buy the fact

Global markets
What a week! Despite the ongoing Ukraine war and a more hawkish than expected Fed meeting, global equities saw fit to surge in what I can only attribute to a ‘sell the rumour,…

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