Founder Evidente. Top rated quantitative analyst, Evidente

Sam Ferraro

Founder Evidente. Top rated quantitative analyst

Evidente

Evidente is an independent financial education firm that delivers innovative financial advice to wholesale investors, including active long only funds, hedge funds, pension funds, and sovereign wealth funds, in Australia and globally.  Drawing on academic research in asset pricing, behavioural finance and portfolio construction, Evidente provides wholesale investors with commercial solutions to stock selection and asset allocation decisions across equities and other asset classes.

Macroeconomics

<ul><li>Earlier this month, I discussed five reasons why the RBA ought to deliver more stimulus at the next Board meeting in November. &nbsp;The benign 3Q CPI print &ndash; which showed that core inflation remains entrenched at the bottom end of the central bank&rsquo;s target range - confirms that the economy continues to suffer from deficient aggregate demand. &nbsp;</li><li>The benign CPI also suggests that A$ depreciation of recent years hasn&rsquo;t flowed through to higher retail prices; importers are clearly absorbing the lower dollar through lower profit margins. &nbsp;The central bank now has the smoking gun to deliver another rate cut on Melbourne Cup day; a positive narrative of persistently low inflation.</li></ul>

Earlier this month, I discussed five reasons why the RBA ought to deliver more stimulus at the next Board meeting in November. &nbsp;The benign 3Q CPI print &ndash; which showed that core inflation remains entrenched at the bottom end of the central bank&rsquo;s target range - confirms that the economy continues to suffer from deficient aggregate demand. &nbsp;The benign CPI also suggests that A$ depreciation of recent years hasn&rsquo;t flowed through to higher retail prices; importers are clearly absorbing the lower dollar through lower profit margins. &nbsp;The central bank now has the smoking gun to deliver another rate cut on Melbourne Cup day; a positive narrative of persistently low inflation.

VanEck Vectors Australian Banks ETF (MVB AU)

So Mr Stevens, What Are You Waiting For?