Pacific Perspectives
Australians pour money into cash and bonds as markets panic
Investors have begun repositioning their portfolios towards safe assets like cash and bonds amid a market upheaval that has pushed the ASX towards correction territory and sent Wall Street tumbling this week. Figures compiled by Betashares, one…
A big inflation report is on the way Wednesday. Here’s what to expect
With concerns running high that President Donald Trump’s tariff policies will aggravate inflation, a report Wednesday could deliver some mildly encouraging news. The consumer price index for February is forecast to show an increase of…
Dow tumbles nearly 900 points, Nasdaq suffers worst day since 2022 as recession fears erupt: Live updates
A three-week market sell-off intensified on Monday, with investors worried that tariff policy uncertainty would tip the economy into a recession, something President Donald Trump did not rule out over the weekend in an interview.…
Mullen is on the money on genuine board diversity
The right way forward is a proactive approach to genuine diversity that would rightly reject performative box-ticking. Company boards would be more diverse if appointments were guided by a “simplistic rule of thumb” rather than…
BlackRock cuts exposure to Australian shares citing their poor value
BlackRock, the world’s largest asset manager, has cut its exposure to the Australian sharemarket, the latest in a growing list of investment giants fleeing local stocks in favour of more attractive opportunities offshore. The firm,…
Wall Street plunges as recession risks spike
Australian shares are poised to hit a seven-month low to start Tuesday, following heavy losses in New York as recession worries hit growth stocks. ASX 200 futures were down 70 points, or by 0.9 per…
S&P 500 futures are little changed after recession fears triggered a market sell-off: Live updates
S&P 500 futures were relatively unchanged on Monday night after concerns that a recession would hit the U.S. economy sparked a broad sell-off in the market. Futures tied to the S&P 500 hovered around the flatline,…
Handicapping the next move for a stressed bull market
The market’s message and intentions are always worth debating — especially so during an intense pullback, with cacophonous policy headlines and piqued investor emotions animating the action day to day. Here’s an assessment of the…
An Australian perma bear ends retirement as markets turn upside down
Russell Clark was one of the world’s most bearish, and successful, hedge fund operators. After four years, he sees plenty of pain and is back for a second act. Not all big shorts end up…
Myer shares could double if Olivia Wirth gets it right: Morgan Stanley
Myer’s share price could double and investors are underestimating the prospects that the department store could become a powerhouse as it transforms into a much larger retailer with a portfolio of brands. That’s the view…