Australian stock market

Where Are the Exits?

Investors simply aren’t worried about anything. Which means the market isn’t priced for any kind of worrying event. When you get such pervasive optimism, it is indeed a time to be worried.

The Amnesia Market

Here’s what really sticks the boot in. Global debt is now US$70 trillion (AU$89 trillion) higher than it was 10 years ago. But hey, markets have short-term memories.

Markets & Money