Activity Report July – December 2021

As part of our ongoing commitment to being a trusted partner for our clients, Providence reviews a number of products each month, searching for investment opportunities that fit our clients’ individual requirements. Being an independent company, each opportunity is assessed solely on its merits regarding risk and return. True to Providence’s promise of transparency and […]

Seismic Shifts – Global Outlook & Strategy Q4 2021

There are so many distortions in the current economic landscape that it is near impossible to have any clarity as to the likely outcome.  We sense that we are near the peak. Peak growth, peak earnings, peak (persistent) inflation, peak bond market performance, (after a 30- year bull market) peak liquidity, peak speculation (SPACs1, meme […]

Activity Report January – June 2021

  As part of our ongoing commitment to being a trusted partner for our clients, Providence reviews a number of products each month, searching for investment opportunities that fit our clients’ individual requirements. Being an independent company, each opportunity is assessed solely on its merits regarding risk and return. True to Providence’s promise of transparency […]

Activity Report January – April 2021

  As part of our ongoing commitment to being a trusted partner for our clients, Providence reviews a number of products each month, searching for investment opportunities that fit our clients’ individual requirements. Being an independent company, each opportunity is assessed solely on its merits regarding risk and return. True to Providence’s promise of transparency […]

Too big and too indebted to fail – Global Outlook & Strategy Q3 2021

We are in the hands of the central banks. What could possibly go wrong?  Financial assets are now such a large part of the global economy that, combined with the huge debt within corporate balance sheets, the collective is now too big to fail. In addition, government deficits are the highest since WW2 therefore, global […]

True Bearing May 2021

The latest issue of Providence’s Quarterly Publication “True Bearing” includes the Global Outlook and Strategy for Quarter 2, 2021. True Bearing 19: May 21 Global Outlook & Strategy #81 Activity Report Revisiting the Federal Budget Downsizing Incentive by James Smith Announcement – Justine Morton Joins Providence Philanthropic News    

Sometimes it’s better to travel than to arrive – Global Outlook & Strategy Q2 2021

Global growth is expected to rebound strongly as the vaccination rollout gathers pace. This is the widely held (consensus) view. Underpinning the narrative is the huge global fiscal stimulus led by the US, coupled with excess savings, compliments of government handouts across developed markets. Sometimes the journey can be more enjoyable than the ultimate destination. […]

Uncomfortable Investor – Global Outlook & Strategy Q1 2021

“If there is one common theme to the vast range of the world’s financial crises, it is that excessive debt accumulation, whether by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom.” Carmen Reinhart, 2009 KEY POINTS • Challenging investment environment, valuations stretched • To protect & […]

True Bearing December 20

The latest issue of Providence’s Quarterly Publication “True Bearing” includes the Global Outlook and Strategy for Quarter 4, 2020. True Bearing December 20 Global Outlook & Strategy #79 “Twenty Years of Independence” Preparing for Intergenerational Wealth Transfer by James Smith BCA Research Webinar for Providence Announcement – Greg Paramor Joins Providence Providence Education Series Philanthropic News – […]

20 Years of Independence – Global Outlook & Strategy Q4 2020

As we navigate through our 20th year as stewards of our clients’ capital, in this Global Outlook & Strategy, we reflect on the lessons learnt. It has been a remarkable two decades navigating the 2000 Tech Bust, 9/11, GFC and now Covid-19. What does not change is the human behavior of fear and greed. Valuations […]