Economy and Markets Archives | BetaShares
Market Trends: April 2021

Market Trends: April 2021

Reading time: 4 minutes
Major global market trends
Reflecting the improving economic outlook, global equities continued to move higher in March, though so too did bond yields. Commodity prices, by contrast, corrected a little, which perhaps reflected a tightening in Chinese credit conditions. Despite the ‘risk-on’ sentiment,

Read more

Market Trends February 2021

Market Trends: March 2021

Reading time: 4 minutes
Interest rates – a less orderly increase!
After gradually increasing over recent months, long-term bond yields rose more sharply in February, with the U.S. 10-year rate rising 34 basis points (bp) to 1.41%. Australian 10-year bond yields rose a staggering 78bp to 1.92%,

Read more

Market trends: February 2021

Market Trends: February 2021

Reading time: 4 minutes
Interest rates – gradual lift likely
Long-term bond yields lifted notably last month, with the U.S. 10-year rate rising 0.15pp to 1.07%. Australian 10-year bond yields rose 16pp to 1.13%, with the 10-year spread remaining steady at around 6pp. Rising yields saw the Bloomberg AusBond Composite Index decline 0.4% in January,

Read more

U.S. Elections: what does the ‘blue wave’ mean for investors?

U.S. elections: what does the ‘blue wave’ mean for investors?

Reading time: 1 minute
Prior to November’s Presidential election, we discussed three possible outcomes and some of the potential investment implications of each scenario.
Having won both seats in Georgia’s Senate run-off elections, the Democrats have now gained control of both the White House and Congress (via the vice-presidency tiebreaker) – giving them a stronger platform for the legislative action necessary to implement their agenda for government.

Read more

Market Trends: January 2021

Market Trends: January 2021

Interest rates – gradual lift likely
Long-term bond yields continued to creep gradually higher in December as the prospect of further significant near-term monetary stimulus eased in line with an improving global economic outlook. U.S. 10-year government bond yields ended the month at 0.92%, and Australian 10-year rates at 0.97% –

Read more

Market Trends: December 2020

Market Trends: December 2020

Key global market trends – stock rebound!
After two months of consolidation, global equities powered ahead in November, reflecting positive COVID-19 vaccine news and a seemingly clear winner of the U.S. Presidential election. The gains came despite rising COVID-19 cases in both Europe and the United States and the re-imposition of some social distancing restrictions.

Read more

The Federal Budget – What’s in it and how might ETF investors seek to benefit?

Reading time: 2 minutes
On 6 October 2020, Treasurer Josh Frydenberg released Australia’s 2020-21 Federal Budget.
The objective of this Budget is pretty simple – economic recovery – by increased spending, lower taxes, job training and re-skilling workers.
A stimulatory Federal Budget on a standalone basis is beneficial for the sharemarket.

Read more

The Biden bounce

The Biden bounce: market implications of the U.S. election

Reading time: 3 minutes
Although still subject to some legal disputation, markets so far have confidently concluded that Democrat Joe Biden will be the next U.S. President. This note assesses the current U.S. political situation and the potential investment implications of a Biden presidency.
Why a re-run of the 2000 contested election is unlikely
Despite long-feared legal challenges from President Trump,

Read more