Thursday, July 31, 2025
How the ‘Magnificent-7’ stack up – 8 key charts
Just 7 companies make up 19% of the combined value of the entire 15,000 companies listed on world share markets, but they produce just 12% of total world profits, and just 3% of world dividends. They are over-priced on just about every measure, but are they worth it? What justified their astronomical pricing? There is a fairly obvious odd-one-out here - which is it? I have been bullish on US/global shares in portfolios - will this change?
Bring on the Trump ‘volatility’! - My Volatility Spike Index separates the calm from the storm
Trump's first term was certainly entertaining, but was it volatile for financial markets? Let's look at facts, not mindless media chatter warning of 'more Trump volatility!', or 'another bumby ride!'. My Volatility Spike Index highlights and compares all volatility spikes since 1970.
Quarter-century review: Asset class winners & losers, how things change (and how I got through it)!
How things can change, radically and quickly Booms collapse into busts, winners turn into losers, and prior losers arise from the ashes into new booms My personal journey through it all
125 reasons NOT to invest! ‘This time is different’ – or is it?
It's that time of year again - time to review a whole new year of possible threats, risks, and crises that might blow up share markets. What are the big risks that might spook investors in 2025? How share markets power through even the greatest crises the world has ever faced.
What drives the Aussie Dollar? -Part 3: the long-term inflation effect. Where is it heading?
Exchange rates are driven ultimately by differences in inflation. Inflation transcends and defeats all attempts to peg, fix, or manage currencies. Why the Aussie dollar has been in long-term decline against the US dollar for more than a century. Why I am bullish that this long-term decline is probably behind us.
2024-great returns from almost all asset classes despite constant recession fear mongering
Almost all asset classes were up again in 2024. What were the best and worst asset classes and why? What should investors do in 2025?
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