Fisher Investments Macro Insights Q3 2020

12/08/2020

We believe the equity rally since late March marks the start of a new bull market. However, the market drop and recovery have so far acted more like a massive correction than traditional bear and bull markets, without a lasting style shift.

Macro Minutes: Large Growth vs. Small Value

29/07/2020

We believe large growth remains in a favourable position, almost as if the bull market never really ended, and the March drawdown instead behaved more like a severe correction.

Impact of COVID-19 on ESG

06/07/2020

In this video, we highlight the strength of ESG demand, key emerging engagement themes, and drawbacks of focusing on passive ESG index performance since the pandemic outbreak.

Macro Minutes: Info Tech Sector Update

26/06/2020

This edition of the Macro Minutes video series features Capital Markets Research Analyst Tim Schluter providing an update on the Info Tech sector. Tim addresses how Tech has made it through the year relatively unscathed as technology itself has become the economy’s connective tissue amid COVID-19 disruptions.

Macro Minutes: Energy Sector Update

21/05/2020

The first edition of our new Macro Minutes video series features Capital Markets Analyst Brad Rotolo recapping what’s been happening in the Energy markets, how Energy shares have reacted, and implications for the broader markets.

Fisher Investments Macro Insights Q2 2020

04/05/2020

This downturn is unprecedented in its speed, and the duration of the economic impact will matter more than the size – the shorter the contraction, the more robust the recovery.

Fisher Investments ESG Perspectives Newsletter – Winter 2020 Edition

24/02/2020

The Fisher Investments ESG Perspective Newsletter is published seasonally with the goal of keeping the investment community abreast of our various ESG capabilities and projects. 2019 marked a big year for ESG at Fisher Investments. We launched our first impact portfolio-aligned with the UN Sustainable Development Goals, hired an industry expert on corporate engagement & responsibility, continued pushing data boundaries throughout our proprietary ESG research and started exploring ways to make our operations more sustainable.

Fisher Investments Macro Insights Q1 2020

29/01/2020

We expect 2020 will be a moderately positive year for equities. Sentiment is still not euphoric, yet continues to improve as 2019’s big fears did not materialize. A Goldilocks economy is emerging from a mid-cycle slowdown, while political uncertainty should peak early then fade through the U.S. presidential election.

Fisher Investments Macro Insights Q4 2019

30/10/2019

Long, flat periods followed by gains have been a hallmark of this bull, which should continue with volatility into 2020.

Fisher Investments Macro Insights Q3 2019

18/07/2019

We expect the market to continue accelerating in this bull’s final third – albeit at a slower pace in the second half of the year – on the back of post-correction highs.

Fisher Investments Macro Insights Q2 2019

09/04/2019

Equities have rebounded strongly from 2018’s lows, demonstrating a V-shaped recovery associated with prior corrections. We expect equities to accelerate through the bull market’s final third.

Fisher Investments Macro Insights Q1 2019

01/02/2019

2018’s market decline was driven more by fear than fundamentals, a classic characteristic of corrections which typically feature strong V-shaped recoveries. We expect the bull market to resume selling pressure from the end of 2018 to ease and corporate and economic fundamentals remain solid.

Fisher Investments Macro Insights Q4 2018

01/02/2019

With US midterm elections on the horizon, we expect the bull market to continue as investors begin to appreciate underlying fundamentals and fears of a trade war and Eurozone breakup dissipate.

Fisher Investments Macro Insights Q3 2018

16/07/2018

Inflation and trade war fears are overblown and we expect the bull market to continue accelerating upward.

Fisher Investments Macro Insights Q2 2018

29/06/2018

Despite Q1’s pullback, we expect the bull market to continue. The global economy is in full expansion mode while corporate earnings growth remains strong.

Fisher Investments Macro Insights Q1 2018

31/01/2018

Bull markets typically have steep gains early, flatten out in the middle, and reaccelerate upward I the final third.

Investing in stock markets involves the risk of loss and there is no guarantee that all or any capital invested will be repaid. Past performance neither guarantees nor reliably indicates future performance.


About Fisher Investments Australasia

Fisher Investments Australia offers a variety of Global, Non-US, and US Equity strategies for institutional investors. FIA delegates portfolio management to its parent company, Fisher Investments, a money management firm in the US founded in 1979 by investment guru Ken Fisher. Today, Fisher Investments and its affiliates oversee more than $123 billion* in assets for over 75,000 private clients and 175 institutional clients globally.* Founder Ken Fisher’s “Portfolio Strategy” column for Forbes ran from 1984 through 2016, making him the longest continually running columnist in the magazine’s 90+ year history. He has also authored several New York Times bestsellers on finance and investing. (*As of 6/30/2020)

For your reference, Fisher Investments Australasia is an investment manager located in Sydney. The parent company, Fisher Investments, is based in the United States, and manages assets for large institutional clients around the world.

Fisher Investments Australasia Pty Ltd (FIA) holds an Australian Financial Services Licence (#433312) with the Australian Securities and Investment Commission (ASIC). FIA delegates portfolio management to its parent company, Fisher Investments (FI).