The price of gold has soared this year-to-date by 39%, with another surge over the past month of 5%. This suggests gold may be overbought in the short-term. This report provides a rundown of gold’s history as an investment, and explores its future prospects in light of geopolitical uncertainty, de-dollarisation and global monetary policy trends.

Since the start of the RBA easing cycle on February 18, the Small Ords have returned 14.3%, outpacing the ASX 100’s return of 5.8%. This note will explore the general case for small caps, why current outperformance can continue and provide two key opportunities.

Bond yield movements have been attracting heightened attention recently, with competing narratives buffeting bond markets and the very long end of yield curves rising across the G7. This report examines the key factors currently impacting the US and Australian bond markets, and the outlook for fixed income securities.

…From a Walk to a Jog. Australia’s real GDP grew by 0.6% in the June quarter and 1.8% year-on-year, beating consensus expectations of ~0.4% - 0.5% growth for the quarter. Private demand improved in the quarter led by the household sector. This report looks at Australia’s current economic performance and the broader implications for rate cuts and asset markets.

The Australian market has continued its strong price performance through the August reporting period, with the ASX200 index up 3%. This takes the 12-month total return performance to 15%. This report looks at the implications of the August reporting data for the upcoming performance of Australian equities, and where opportunities are set to lie.

In this report, we review ‘the good, the bad and the ugly’ from the past week of reporting – including detailed reviews of results from CSL, James Hardie and Stockland – and provide the rationales for recent changes to the Focus Portfolio.

Tech is by a wide margin the best performer since the market’s April lows. Market concentration, or “Tech leadership” has been a periodic concern in recent years. This report explores the Tech sector’s rising prominence amongst US equities, and whether or not the market is seeing the re-emergence of a bubble in the wake of the AI boom.

We’re pleased to announce that Wilsons Advisory will be merging with Canaccord Genuity, bringing together two highly respected, Australian advisory firms – a strategic step that increases our capabilities and expands the ways we can support you.