Monthly Commentaries

May 2013 The Threat of Inflation of Deflation
May 2013 The power of cheap money
Apr 2013 In a more normal world?
Apr 2013 Government Bonds Back in Demand
Mar 2013 Some decent earnings and dividend growth
Mar 2013 Finding value in corporate bonds
Feb 2013 A Continuing Rally on Data and FOMO
Jan 2013 Stronger Global Growth Signals
Dec 2012 Secular Growth in Focus
Nov 2012 Should the Canterbury rebuild rule out an RBNZ rate cut?
Nov 2012 Strengthening Growth Amidst Political Change in China
Oct 2012 Adding Sugar
Sept 2012 Spiking the Punchbowl
Sept 2012 Earning Season
Sept 2012 Thinking the Unthinkable - The Chance of an OCR Cut
Aug 2012 A Shuffle Towards Reflation
Aug 2012 Believe Me, It Will Be Enough
Jul 2012 Positive Headlines, Still a Lot of Debt
Jul 2012 Europe: A Step Back from the Brink
Jun 2012 The Best in a Bad Neighbourhood
Jun 2012 Deja Vu - Europe on the Brink Again
May 2012 Confession Season
May 2012 A Tale of Two Central Banks Downunder
Apr 2012 Consolidation Ahead
Apr 2012 Exit from Quantitative Easing (QE): The Methadone Approach
Mar 2012 Clearing Skies
Feb 2012 The Search for Safe Spreads
Feb 2012 Reflation With Risk
Jan 2012 NZ Credit: A Top Performer In 2011
Dec 2011 Policy Is Moving Further Towards Reflation
Dec 2011 Stable Government And Economic Recovery
Nov 2011 Living With Low Interest Rates
Oct 2011 Holes In The Lifeboat
Oct 2011 Waves Of Pessimism And Optimism, And Still No Road Map
Oct 2011 Europe On The Brink
Sep 2011 Bond Markets Pricing A Lost Decade
Sep 2011 A Dark Cloud
Aug 2011 US S&P downgrade: True To Their Word
Aug 2011 Local Economic Momentum
Jul 2011 The Soft Patch Is Behind Us
Jun 2011 Reserve Bank Changes Tack
Jun 2011 Domestic Momentum Building
May 2011 A Budget For The Rating Agencies
May 2011 Tricky Turning Point
Apr 2011 Changing Emphasis
Mar 2011 The Earthquake In An Investment Context
Feb 2011 Christchurch Earthquake
Jan 2011 Pedal To The Metal
Dec 2010 Too Much Stimulus?
Nov 2010 Christmas Future?
Oct 2010 On The Upgrade Cycle
Sep 2010 Awash With Cash
Aug 2010 Relief Over Reporting Season
Jul 2010 No Double Dip
Jun 2010 Global Fear, And More Politics
May 2010 May Risk Aversion
Apr 2010 Government Policy Warning