David Bassanese, Author at BetaShares

Bassanese Bites

Market Insights

Sweet spot

Global markets
Another week, another rise in global equities it seems – helped on by ongoing solid economic growth and, most recently, a reassuring pullback in global bond yields. Indeed, last week’s much anticipated U.S….

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Market Insights

Yields stabilise

Global markets
Solid U.S. economic growth indicators, along with dovish Fed comments, continued to support global equities last week – helped by a further stabilisation in bond yields despite simmering U.S….

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Weekly Outlook

USA! USA!

Note: Data as at the end of a holiday shortened week, Thursday 1 April.
Global markets
Global equities pushed on to new record highs last week as bond yields remained relatively well contained despite ongoing strong U.S….

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Weekly Outlook

Rates relief

Global markets
Despite new lockdowns in Germany, risk-on sentiment improved last week thanks to a stablisation in bond yields, U.S. inflation relief, further progress in the U.S. vaccine rollout, and new freedoms for U.S….

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Weekly Outlook

The dot plot thickens

Global markets
Global equities wilted under under the onslaught of further bond yield increases last week, with the Federal Reserve opting not to respond with bond supportive policy measures in last week’s meeting….

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Weekly Outlook

Dot plot showdown

Global markets
Global equities managed to shrug off further upward pressure on bond yields last week, as the combination of strong economic growth yet tame inflation results buffeted investors.
The S&P 500 Index rose 2.6% even as U.S….

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Weekly Outlook

Bond watch

Global markets
Global equities managed to end last week in positive territory, despite a further lift in bond yields.  Although markets were initially disappointed that Fed chair Powell did not promise to do more to stem the rise in yields,…

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Weekly Outlook

Good news is bad news

Global markets
The ‘bloodbath’ in global bond markets continued last week, with U.S. 10-year bond yields ending the week up another 7bps to 1.41%. A poorly supported U.S. 7-year Treasury bond auction appeared to be the catalyst for last week’s further yield gain,…

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Weekly Outlook

Bond blues

Global markets
The rise and rise in global bond yields in recent weeks – on the back of rising raw material and wholesale price pressures – finally got noticed by hard-charging equity markets last week,…

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What drives relative Australian vs. global equity performance?

What drives relative Australian vs. global equity performance?

Reading time: 3 minutes
Australia’s equity market performance versus global markets has waxed and waned over recent decades. As this note seeks to demonstrate, a key driver of relative performance has been relative global sector performance: in particular,…

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Weekly Outlook

Inflation Watch

Global markets
Global equities continued to grind higher last week in the absence of bad news. Biden’s massive U.S. fiscal stimulus package remains the ‘gift that keeps on giving’ as it slowly winds it way through Congress and gives equity bulls something positive to talk about on quiet days….

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Weekly Outlook

QE2

Global Markets
Those of us counting on a deeper correction in equities to add exposure would have been a little disappointed last week as the “retail rebellion” volatility fizzled out and markets instead basked in the glow of ongoing good economic data,…

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Weekly Outlook

The Big Squeeze

Global markets
It’s great to be back for another years of Bites! Since I last wrote on December 21, global equities have essentially moved sideways (consolidating after the big push higher in November),…

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