February 2014

Future performance is a function of current price, and so it should be no surprise given the recent declines that our forecasts have increased across the range of asset classes shown below. Returns in share markets for January 2014 stand in stark contrast to the same...

The All Ordinaries index of Australian Equities continues to move between the upper range of our Cheap valuation assessment and the lower range of Fair Value. With some weakness in the first weeks of January, we are now back in Cheap territory. The Australian share market...