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This isn’t a crisis – it’s a bear market

Following a ‘bull market of galactic proportions’, this year’s falls across nearly all asset classes have made life difficult for many investors. The ultimate question – are we there yet?

Following a ‘bull market of galactic proportions’, this year’s falls across nearly all asset classes have made life difficult for many investors. The ultimate question – are we there yet?

Platinum Asset Management’s Julian McCormack has been vocal about the challenges ahead for global equities, and talks to:

  • Why US unemployment could head to 10% before it falls below 4% again
  • Why earnings estimates remain ‘fanciful’
  • The strange bullishness in this bear market, and 
  • Why patience is a virtue for all investors.

You can access this and previous episodes of the Your Wealth podcast now on iTunesPodbeanSpotify or at nabtrade.com.au/yourwealth

If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.

Commentary reflects Platinum’s views and beliefs at the time of preparation, which are subject to change without notice. 

Certain information contained in this podcast constitutes "forward-looking statements".  

Due to various risks and uncertainties, actual events or results, may differ materially from those reflected or contemplated in such forward-looking statements and no undue reliance should be placed on those forward-looking statements.

To the extent permitted by law, no liability is accepted by Platinum for any loss or damage as a result of any reliance on this information

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About the Author
Gemma Dale , nabtrade

Gemma Dale is Director of SMSF and Investor Behaviour at nabtrade. She is the host of the Your Wealth podcast, a fortnightly podcast for investors, featuring insights and updates from markets and finance experts across a range of topics. She provides regular market and finance commentary on ausbiz and in other media including AFR, the Australian, ABC and commercial tv and radio. Gemma was previously the Head of SMSF Solutions for nab, and the Head of Technical Services for MLC, where she led a team of specialists providing advice to advisers and their clients on SMSF, super, tax, social security and aged care.