We’re moving

  After more than a year and 340 posts I pleased to announce that the Lighthouse Securities Blog is moving, well closing really. As you know I am a writer over at MacroBusiness which is clearly Australia’s leading finance, investment and economics blog. Macro Business is evolving and yesterday we released the first edition of our […]

Lighthouse Securities Morning Market Wrap – Markets Breaking higher

Cross Posted with MacroBusiness The European deal announced late in our trading day Friday ignited a risk rally like we haven’t seen for some time. We have trend breaks in a number of markets we follow and the overwhelming feeling is one of relief. Certainly from a fundamental standpoint there are many who believe this is […]

Squaring the Circle – bonds and equities cant both be right

While I was on holidays in Fiji recently I read a book about the Archimedes Palimpsest which was my first real exposure to the study of Archimedean and Greek mathematics outside of school. It really was fascinating but in the context of markets and the economy I was struck by the quote attributed to him […]

Buying Asian not Club Med bonds

One of the great regrets of my time as a currency strategist was that even though I travelled extensively around Asia and the world I never got to Jakarta. It was simply the case that the guys at the firm I was at felt the risk assessment wouldn’t allow it. But I’m sure the road […]

Are we seeing the end of the generational bond market rally?

By Gregory McKenna – Cross posted with MacroBusiness I wanted to write this piece today to have a look at bond markets globally and what they might, or might not, be trying to tell us about the future not just of the economy but of assets more broadly. As the recovery in the US economy appears […]