RBA: leaning to a July cut but that productivity “wart”?

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The March quarter gross domestic product (GDP) release certainly confirmed that the Australian economy remains mired in the doldrums. GDP growth remains tepid, at best, at just 0.2 per cent

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CPD: A new global order and implications for investors

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The new global order differs from its predecessor in four ways, as outlined in the following article from GSFM’s investment partner TD Epoch. For decades, the US has been unrivalled

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RBA can act “decisively” to mitigate a deteriorating international environment and beware the bond vigilantes!

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As was largely anticipated, at the conclusion of this week’s Board meeting, the Reserve Bank of Australia (RBA) announced a cut in the policy rate by 25 basis points (bps),

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RBA to cut by 25 bps. Retain optionality for the future (even if there are more cuts to come)

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The March quarter consumer price index (CPI) was a good enough result for a 25 basis point (bp) policy rate cut at the Reserve Bank of Australia (RBA) meeting on

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The Fed stands firm; remains “patient”

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As was largely anticipated the Fed’s Federal Open Market Committee (FOMC) decided to leave the policy rate target unchanged at 4.25-4.50 per cent when it met overnight. In its statement

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CPD: Trend following investments – patience is a virtue

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Trend following strategies have several properties desirable to investors, particularly during periods of market volatility. In this article from GSFM’s investment partner Man Group explains why patience is a virtue

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RBA: opting out of the circular firing squad

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In my view the upending of the global trade system occasioned by the Trump Administration’s tariff agenda will more likely than not see a global recession by year-end. The backdown

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GSFM launches distribution capability in New Zealand with Munro PIE fund

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GSFM and its fund manager partner, Munro Partners, have launched the Munro Global Growth Climate Leaders PIE Fund into the New Zealand market. Adminis Funds Limited is manager and issuer

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CPD: The year ahead for fixed income markets

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The forces shaping fixed-income markets found themselves at a confluence of economic, fiscal, and political factors heading into 2025. Inflation dynamics remained in flux, a new Treasury Department was in

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RBA April preview: keep calm and carry on

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Coming into next week’s Reserve Bank of Australia (RBA) Board meeting, it is extremely difficult to envisage anything other than a decision to leave the policy rate unchanged at its

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