David Bassanese, Author at BetaShares

Bassanese Bites

Market Insights

Delta Hedge

Global market review

U.S. stocks ended the week down after touching record highs earlier in the week, with some apparent concern on Friday that July U.S. consumer sentiment weakened on the back of a lift in inflation fears….

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Market Insights

No oxygen

Week in review

It was a curious week in global markets whereby the ongoing downtrend in long-term bond yields, which was initially celebrated by equity markets, has morphed into a potential ‘canary in the coal mine’…

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Market Insights

Wet lettuce

Week in review

Global equities continued to grind higher last week, helped by ongoing solid economic growth yet still benign long-term bond yields. In a further sign that U.S. inflation fears have likely peaked,…

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Weekly Outlook

2020-21 Year in Review Snap Shot

Key global market highlights of the past financial year!

Strong global equity performance, with world stocks returning 37.4% (on a local currency basis and including dividends).  Australian equities did Ok also,…

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Weekly Outlook

Australia’s COVID vulnerability

Despite Australia’s relatively good performance in containing COVID to date, our high urbanisation rate and low vaccination rate has now left us increasingly vulnerable to COVID compared to our international peers – especially with the emergence of new more highly contagious variants….

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Weekly Outlook

COVID strikes again

Week in review

Global equities rebounded last week, comforted by further reassuring words from Fed chair Powell, excitement related to US President Biden’s infrastructure package, and a no worse than feared inflation outcome….

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Market Insights

Fed fear

Week in review

Equities buckled under Fed tightening fears. The Fed policy meeting was of course the market highlight last week, particularly the increase in the number of Fed members who are now penciling in a rate hike in 2023 according to the ‘dot plot’…

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Market Insights

Buy the fact

Week in review

Global markets shrugged off a higher than expected U.S. consumer price index (CPI) result, with U.S. 10-year bond yields edging lower and equities pushing higher. This likely reflected an element of “sell the rumour,…

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Market Insights

US inflation surge: temporary or persistent?

The higher than expected May US CPI result has again highlighted the debate over whether the recent lift in global inflation pressures are temporary or more persistent? Core (i.e excluding food and energy) US consumer prices rose by 0.7% in May after a rise of 0.9% in April,…

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Market Insights

CPI taper test

Global markets
Global equities ended last week up modestly, and appear to be back in the “bad news is good news” frame of mind. Stronger than expected U.S. manufacturing and service sector indices set markets back early last week,…

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Market Insights

Relaxed & comfortable

Global markets
Global equities managed to post positive returns last week – after two weekly declines – even in the face of a modestly higher than expected U.S. consumer price inflation result….

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Market Insights

Crypto crash

Global markets
Overall it was a week of further consolidation for global equity markets, with the S&P 500 down modestly for the second week in a row. With real activity data remaining unquestionably strong (the U.S….

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