Grant Patterson, Providence CIO discusses the possibility of a bear market rally with the team at Ausbiz, May 31, 2022.
Our Managing Director and CIO Grant Patterson joins Ausbiz to discuss the changing market conditions.
The first phase of the correction has started. A rolling readjustment is underway across various asset classes, with some considerable damage already inflicted below the surface of various market indices. The realisation that inflation is not always transitory and interest rates are on the rise has undermined stretched valuations of assets previously buoyed by surging […]
As Providence Wealth Advisory Group enters its third decade of providing truly independent investment advice the importance of family harmony is ever present when considering your legacy and succession planning. We have put together a short video outlining what the team at Providence delivers in this regard. We hope you find it of some interest. Please […]
There is a regime change underway in investment markets – the re-emergence of inflation after decades of slumber. This will lead to a gradual increase in interest rates and the unwinding of accommodative central bank policy (some of which are still arguably at “emergency settings”). Not surprisingly, this comes at a time of record global […]
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 […]
CIO Grant Patterson sits down with the team from Ausbiz to discuss our outlook for the last quarter of 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 […]
In lieu of our client quarterly lunch we invited Jonathan Shapiro to be our guest speaker at a webinar to discuss his new book “Buy Now, Pay Later”, the fascinating behind the scenes story of Afterpay, the brash Aussie technology start up that changed the way a whole generation around the world does their shopping. […]
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 […]