Did you back a winner yesterday? I gamble once a year and have no idea about any of the horses that run in the Melbourne Cup, but had $5 each way on Okita Soushi, so I came home with a net $20! It was a good day.
Sadly, today, I’m going to find it hard not to sit and watch the US Presidential election results. Who will be the winner? We may not even know for a few days, or weeks, if it’s tightly contested.
Party policies are quite different and assuming the winner has a mandate, their policies will shape markets. So, while you may be getting tired of reading about the US election, I’d encourage you to keep going. We’re nearly there. Here are a couple of articles I think are worth reading.
Mitch Reznick, from Federated Hermes provides a guide to fixed income and the US election.
Our lead article discusses three policy developments to watch after the US election by Gil Fortgang, a Washington-based analyst at T. Rowe Price.
Private credit continues to gain traction, so I wanted to share a recent RBA report on the growth of the market. It’s got some great graphs and makes some interesting points and is well worth reading.
Emma Lawson from Janus Henderson is back with her monthly round-up of Australian Fixed income markets.
Finally, we have a very good article from Dr Jonathan Kearns of Challenger about our latest inflation reading.
While I’ve been talking about winners this week, here’s an interesting tidbit. Did you read about how Brisbane just missed out on being the world’s best place to live with cost of living pressures? Brisbane was pipped at the post by Seoul, South Korea. Apparently our 50-cent public transport fares brought us into contention.
Have a good week!
