Tigers put bite on markets
WHAT is it with tigers and the industry lately? Have no idea what we are talking about? Well tigers are those big orange cat-like creatures and the industry is … sorry, you mean what is the link between the two? Well, sit down and get comfy because the story goes like this.
Recently Asgard launched its individually managed accounts and wrap service using the theme of the tiger being unleashed. They even went so far as to use the theme from one of the manyRockymovies — “The eye of the Tiger” (our apologies if that tune is stuck in your head all day).
Less than a week later, HSBC posts out an invite for an information session on investing in the Asian market referring to dragons and tigers, along with pictures of both beasts.
In the same mailbag is an invite to HedgeFunds World in Singapore that once again sports a picture of a tiger.
Now tigers are noble beasts, but what happened to the old imagery of bulls and bears, we are not quite sure. However, according to leaked rumours from the RSPCA, the constant use of these two creatures had put them into a state of nervous disarray and so they are taking some time off to recover.
In their place the tiger has stepped forth and will be taking on some of the roles of the bull, however, given the size of tigers’ teeth, the length of their claws and their speed, very few other animals are stepping up to take the role of the bear.
So get ready for a long drawn out tiger market and if you don’t like it, go and tell the tiger.
AUTHOR
Jason Spits
Recommended for you
In this week’s episode of Relative Return Unplugged, AMP’s chief economist, Shane Oliver, joins us to break down Labor’s budget, focusing on its re-election strategy and cost-of-living support, and cautioning about the long-term impact of structural deficits, increased government spending, and potential risks to productivity growth.
In this episode of Relative Return, host Laura Dew chats with Mark Barnes, head of investment research, and Catherine Yoshimoto, director of product management, from FTSE Russell about markets in Donald Trump's second presidency and how US small caps are faring compared to their large-caps counterpart.
In this episode of Relative Return Unplugged, we examine the push for superannuation tax reforms aimed at saving $10 billion annually, as well as the immense pressure being placed on Treasurer Jim Chalmers ahead of the budget and Deloitte’s warning of a $26.1 billion deficit.
In this episode of Relative Return Unplugged, hosts Maja Garaca Djurdjevic and Keith Ford are joined by AMP’s chief economist, Shane Oliver, to discuss the ever-evolving state of global markets as the US pursues its protectionist trade war.
