The market is irrationally exuberant according to more than one commentator, and can remain so for some time. But what are the early warning signs that the market is turning?
According to Brian Carney from Mawer Investment Management, there are a number of signals and steps if there’s a correction and he says you know you are getting towards the end of the correction when central banks step in to support assets. He’s of the opinion that now is not the time to reach for yield; it’s a time to protect capital. The podcast really resonated with me, and I wanted to share its main points with you.
Emma Lawson from Janus Henderson is back with her monthly Australian fixed income market review. Reading it regularly will help keep you up to date with what’s happening in the Australian market.
We have a new podcast interview with Sam Morris, who was recently promoted to General Manager Strategy at Challenger. Morris has a great understanding of markets and approximately 75% of Challenger’s investments are in fixed income to help provide for annuity clients over the long term.
Betashares has launched a new US private credit fund.
The high yield market is more diverse and better quality than in the recent past, and Mike Della Vedova, Michael Connolly, and Samy Muaddi from T. Rowe Price argue it’s more resilient and better equipped to navigate volatile and uncertain markets.
Lukasz de Pourbaix from Fidelity International explores key risks, evolving investor strategies, and how to navigate volatility while seeking resilience and opportunity in bond portfolios.
Have a great week.
