By Ken Fisher, The Australian, 17/04/2023
What horrors can sink stocks anew? That question plagues most minds – including mine – after awful 2022 and March’s bank scare. But mine aren’t hotly hyped fears like those, which are widely watched and largely pre-priced.
Read MoreBy Ken Fisher, The Australian, 14/03/2023
What happened to skyrocketing oil? For months after Russia’s Ukraine invasion, forecasts of shortages driving ever-higher oil and gas prices proliferated in Australia and globally. Now? Raw energy prices have stalled or are dropping. Storage tanks are mostly full as production booms.
Read MoreBy Ken Fisher, The Australian, 15/01/2023
Last year's fear fest and global bear market has many dreading more ahead. But this mentality primes the ASX and global stocks and bonds to shock almost everyone in a bull market bringing 15, 20, 25 per cent gains. Maybe more! Sound crazy? Let me explain.
Read MoreBy Ken Fisher, The Australian, 18/12/2022
What do you see? Recession warnings? Energy and Inflation fears? Geopolitical turmoil? You can't miss the onslaught of terrible headlines - one blinding investors from Darwin to Dubbo.
Read MoreBy Ken Fisher, The Australian, 13/11/2022
Do you buy the bounce? World stocks and the ASX have climbed since October’s start, but many doubters foresee a suffocating swirl of headwinds hampering markets not only in Q4 and 2023, but throughout the 2020s. They predict ongoing inflation, geopolitical rancour and profligate government spending will render a lost decade of stagnant returns, necessitating radical portfolio changes. Codswallop.
Read MoreBy Ken Fisher, The Australian, 16/10/2022
Surprise! As you know, the Reserve Bank made headlines with early October’s shockingly small, quarter-point rate hike – flummoxing commentators who expected a bigger move to fight decades-high inflation.
Read MoreBy Ken Fisher, The Australian, 18/09/2022
Will China’s chill imperil Australia’s economy while sinking the ASX and world stocks? Commentators from Wollongong to Washington fear China’s real estate turmoil and “Zero Covid-19” measures are impeding not only its growth, but the entire world’s. After all, isn’t China the growth engine?
Read MoreBy Ken Fisher, The Australian, 16/08/2022
Australian and world stocks both surged off the June lows - just the kind of steep climb early recoveries usually feature. Yet almost everyone presumes it is a false dawn, with global headlines shrieking more declines loom. Maybe. Unlike most bear markets, this downturn is sentiment-driven - a correction-like trait. Its unusual mini-bear market size stems from the fact myriad fears fuel it. It resembles most bear markets in one key way, though. It spawned what I have long called the Pessimism of Disbelief - a recovery's foundation.
Read MoreBy Ken Fisher, The Australian, 17/07/2022
Who loves shrill, ugly elections fraught with campaign promises destined to disappoint? I do\! You should, too – especially the upcoming Congressional “midterm” slugfests in the US. While voters definitely dislike the partisan cacophony, US midterms produce underappreciated-yet-demonstrable sharemarket rocket fuel. Australian stocks benefit big-time but indirectly from the legislative gridlock they create – and it is coming soon. That, coupled with your own falling post-election political uncertainty, provides a twin tailwind for the ASX. Here’s why political drivers north and south of the equator will propel 2022’s year-end.
Read More