Market Brief: When the scoreboard matters
Do today’s markets feel like a game of park footy? Where rules are secondary and there’s no referee? And what happens when the game gets serious? Human Financial CIO Angus Sippe identifies the most important game changer, and how we’re preparing for the main event. 🏉
Volcanologists will tell you that eruptions don’t occur to the regular beat of a metronome. Long-run data does, however, give scientists a statistical recurrence interval: useful for hazard planning over decades, but useless for calling next Tuesday. Markets are no different.
Global markets are showing all the signs of... a four-way see-saw. The mega-cap trade has fractured internally, and the stakes have become increasingly quad-polar, says Angus Sippe, Human Financial's CIO.
AI capex is one of the largest bets in corporate history. The technology works — that's not in question. What's still open is who actually captures the value.
How do investors cope with a trifecta of market convulsions: El Nino, the impending IPOs of three AI giants, and looming changes to CGT? Take a listen to Angus Sippe's rational approach to portfolio management in a time of uncertainty.
"She'll be right" is an Australian expression that embodies a distinct cultural characteristic: a relaxed fatalism, born from generations of making do in a landscape that doesn't always cooperate. Global markets seem to have adopted the same philosophy: despite everything thrown at them, investors are shrugging it off. But while "she'll be right" is a helpful personal disposition, it's not a sensible risk management framework, says Human Financial CIO Angus Sippe.
Human Financial CIO Angus Sippe observes a bevy of black swans now circling global markets: a US war, stagflation, and a squeeze on private markets.
