It’s an exciting time in financial markets.  According to many respected macro observers, there’s a sense that we’re on the cusp of change… a shift in “what’s working”… potentially a profound shift…

The boy who cried wolf is a popular story in the financial markets world. It’s a story that’s stood the test of time - having its origins in ancient Greece as one of Aesop’s Fables.

The new year is well underway now. So far, the year is tracking much the same as the previous year ended with many of the trends continuing.

It’s that time of year again… Summer has arrived in Australia. Santa is packing up his sleigh and readying the reindeer for their annual pilgrimage.

It’s mid-November which means we’re starting to see the 2024 predictions trickle out. It’s an amusing and humbling tradition where all “sell-side” analyst teams are obliged to offer up their thoughts on the year ahead.

Early morning on the 3rd of October I did my brief scan of overnight market action. With a modest degree of amazement, I saw the following summary of U.S. markets: