The extreme thirst for yield has pushed the US high yield debt cycle into unchartered territory. It is approaching shakeout - with long/short opportunities amongst the beneficiaries of the current cycle.

China's credit-fuelled investment growth phase is reaching its end game and new sources of growth are needed to drive the economy.

Retirees and their pensions are being sacrificed for what now passes as "the greater good." ZIRP has created a massive problem for retirement savers and pension fund managers. NIRP will make their problem worse.

The worlds of business, investing, and sports are awash in numbers, yet we rarely pause to consider what makes for a suitable statistic.

In the last 10 years, many companies from emerging economies have closed the corporate governance gap relative to their developed market counterparts. Such companies find themselves in a sweet spot.

Very few believe that past prices can tell you something about the future but there is a somewhat remarkable consistency to the trend of the Australian equity market returns over the last 45 years.

In a cyclical sector like commodity, deja-vu abounds for those with a long memory. As the outlook improves, equities usually rally before commodity prices, responding to improved demand forecasts.

The extreme thirst for yield has pushed the US high yield cycle into unchartered territory. In a clear case of déjà vu (replace "subprime" for "high yield"), the cycle has reached the shakeout phase.

Investors must make choices in an increasingly complex environment - and that complexity has substantial and varied effects on the decision to opt out of a portfolio choice.

The extreme thirst for yield has pushed the US high yield cycle into unchartered territory. In a clear case of déjà vu (replace "subprime" for "high yield"), the cycle has reached the shakeout phase. It's time to sell/short the beneficiaries.

In Fodder this week - Nouriel Roubini, Woody Brock, Bob Gay, Dom McCormick, Louis-Vincent Gave, and Oliver Hartwich. Plus an announcement about our strategic partnership with IMCA.

In Fodder this week - Nouriel Roubini, Woody Brock, Bob Gay, Dom McCormick, Louis-Vincent Gave, and Oliver Hartwich. Plus an announcement about our strategic partnership with IMCA.

There's a high likelihood that global equities are already in a Bear Market. If so, assessing the likely end of the Bear Market becomes critical. Most importantly is the need to forecast the end of the recession.

Three demographic megatrends support a number of structural growth themes that allow identifiable companies to benefit from strong and compounding cash returns over investible timescales.

In Fodder NZ - Markets off to an ''interesting'' start with articles from Gave and Papic, plus Farrelly and Kitces.

In Fodder - Markets off to an ''interesting'' start with articles from Gave and Papic, plus Farrelly and Kitces.

The FSC has called for a cut in the company tax rate to 22%, funded by an increase in the GST. It's hard to see why FSC made this call, particularly given that its stated number one priority is "working to improve the well-being of all Australians".

2016 has started poorly for the global economy - and horribly for markets. A number of negative themes are ascendant, whereas the positive ones are either pausing or petering out.

If Paris is not an anomaly, and the frequency or magnitude of terrorist attacks against soft targets in G7 cities increases, what will be the geopolitical, economic and investment consequences?

We examine four situations where individuals make poor choices and review the research to show where the brain makes those decisions. In each case, we present some ideas about how to overcome the potentially suboptimal choice when it comes to investing.