Suddenly it’s trending (#doomandgloom) to claim Australian house prices are the ‘Big Short’. That in itself isn’t where the profit is to be made; rather it is made in the fear that is driving Australian bank shares lower. Please click […]
OPEC in discussions to freeze output at January levels. Earlier today, Saudi Arabia, Russia, Qatar and Venezuela announced an accord to maintain average crude oil production in 2016 at levels realized in January 2016. Please click here to view the article.
Source: Fidelity International February 2016. This article is well worth a read for its perspective on current market psychology and as a timely reminder about the performance of equities over the longer term. Read article.
Source: IOOF Adviser News February 2016. From 2011 to 2014 crude oil was in the price range of $80 to $110 a barrel. This price level led to a large increase in the supply of oil from the likes of the […]