An hour into a post-increase media conference after the cash rate was raised on Tuesday to 0.35 per cent, Reserve Bank Governor Philip Lowe opened with a mea culpa. There would also be an internal r... Continue Reading
Cash in portfolios is a friend and foe to investors. When markets crash, it is, at least, a relief to see a bulwark resistant to the erosive tide. It seems a bad opportunity cost when the market... Continue Reading