All posts by: Simon Phillips

April 16, 2023

Out of Road

by in Blog

Right now, investors are correct in feeling the economic sands moving beneath their feet. After 14 long years of kicking the can down the road, Western bureaucrats are out of road and have moved to sand – deep sand. Times are changing rapidly. Investors would be wise to assess their allocation of scarce investment resources accordingly. […]

Continue reading
March 7, 2023

Hard Currency Choices

by in Blog

Back in early January (seems like a long time ago) we penned a view https://aurumecho.com/from-dusk-to-dawn/ that decisions have been made in the non-Western alliance world to move away from the US dollar as the default trade currency in favour of more local “flavours”. Since then, even we’ve been stunned with the pace of change, not that you […]

Continue reading
January 2, 2023

From Dusk to Dawn

by in Blog

For investors, 2022 will be looked back upon as a year goldilock investors were chomped by bears. In a rare feat, the good ol 60/40 bond/equity balanced “goldilocks” portfolio had one of its worst performances ever. The Australian equity component fared a little better than international counterparts thanks to strength in energy and commodity stocks. […]

Continue reading
November 28, 2022

Time to Shine

by in Blog

For the time being, if you hadn’t noticed, the 0% interest rate world where money just fell from the sky is over. 14 years of whatever it takes, an era that forced investors to take on more and more risk to achieve some yield or capital gain via speculation is starting to blow back. At […]

Continue reading
October 16, 2022

Illiquidity Crisis

by in Blog

Near on three weeks ago the first we witnessed the first major Central Bank policy “pivot” from the Bank of England as it changed its fiscal rhetoric from tightening to “accommodative”, within 24 hours as UK Pension Funds started panic selling Bonds to meet Margin Calls (very 2007).  Global Markets were in freefall and desperately […]

Continue reading
September 6, 2022

Nuff Confetti

by in Blog

“Democratic leaders will realize that they are only easily supported when there is a war that the people can rally behind. And so the democratic leaders will unnecessarily become involved in violent affairs, creating wars to distract the people. To ensure their power, the leaders will create laws to bolster their position. The rulers will impose […]

Continue reading
July 31, 2022

Load the Boat

by in Blog

We hope investors enjoyed another week of “bad news is good news” for general equity markets. The IMF (so reliable) downgrades Global GDP growth as much as the narrative can take, real economic indicators in the US have fallen off a cliff, inflation runs rampant, rising rates choke growth (as intended) leading financial institutions to […]

Continue reading
June 20, 2022

Disconnected

by in Blog

It’s been sufficiently demonstrated over the last few weeks that markets don’t like Central Banks raising rates as economies move into recessionary conditions thanks to soaring prices and falling growth. Recession seems a base case for the US, Europe and Japan. Now Bloomberg Economics models indicate odds of a recession by 2023 have jumped to at least 72% At least Australia’s second […]

Continue reading
May 30, 2022

Bad News is Good News Again

by in Blog

Been wondering what’s behind the share market strength of last week and early this week? Dead cat bounce short squeeze or new bull market? Time will tell.  This rally began last week with horrible economic news out of the US and Europe, giving investors exactly what they needed, enough bad news to have some central […]

Continue reading
April 23, 2022

Preparing for Pain

by in Blog

Nothing like a 1000 point fall on the US Dow on a Friday night to get the weekend party started. It’s been a surreal few weeks since the first Fed rate hike.  Headwinds for markets abound, geopolitical uncertainty moving closer to a WW3 situation, rampant inflation, rising rates, over inflated asset prices everywhere and both […]

Continue reading

     

    Aurum Echo

    Contact Aurum Echo for subscription to our premium membership.

    PHONE

    +61 (08) 9389 1229

    EMAIL

    admin@aurumecho.com

    Send Expression of Interest for the premium membership subscription
    ENQUIRE