Reverse Repos Surge but Watch Repos
1. INTRODUCTION $992b was parked with the Federal Reserve via the Reverse Repo Program (RRP) on 30 June 2021, 109% higher than the pre-COVID peak.... Read More →
M3 Insights
Insights, research, market commentary and other news
Trends
The Lithium Rebound
1. INTRODUCTION In 2020, Global X Lithium & Battery Tech ETF (NYSE:LIT) rallied 126% whilst domestic lithium producers Pilbara Minerals (ASX:PLS) and Galaxy Resources (ASX:GXY)... Read More →
Analysis
Dexus (ASX: DXS)
INVESTMENT SUMMARY Materially oversold on remote work fears. Maintained 50c dividend and did not raise capital during COVID-19. Ticker | ASX:DXS GICS Sector | Real Estate Current Price | A$8.69 12m... Read More →
Why We Bought RIO at $92.74 (ASX: RIO)
1. INTRODUCTION On 27 October 2020, we bought Rio Tinto (ASX:RIO) at $92.74. Our technical signals flagged a DeMark Sequential 13 Buy, suggesting a bottoming... Read More →
Arena REIT (ASX: ARF)
INVESTMENT SUMMARY Insolvency fears overblown due to low gearing, substantial childcare stimulus and high ongoing occupancy rates. Attractive dividend yield and resilient dividend growth despite... Read More →
Portfolio Management
Timing Markets Using the Yield Curve
1. INTRODUCTION Bond markets are often hailed as a precursor to equity markets. Yield curves plot the interest rates of bonds by their maturities or... Read More →