Well done Australia. You rejected the politics of envy pushed by the left. You rejected the leftist manifesto of higher taxes and wealth redistribution. And most importantly, you rejected the propaganda from the elites in…
Right now, the market still has a bullish belief that it’s ‘all good’. But in my view, this belief is in the process of shifting. You can see this subtle shift occurring across the world’s…
Commodity prices (especially coal and iron ore) are strong. Just look at the share prices of BHP and Rio. They’re at multi year highs. So it’s very unusual to see the dollar so weak.
We are presently experiencing a ‘unicorn’ bubble of IPOs. Look at this chart of 12 recent IPOs, executed or about to…
Commodity prices (especially coal and iron ore) are strong. Just look at the share prices of BHP and Rio. They’re at multi year highs. So it’s very unusual to see the dollar so weak.
There will be many twists and turns in this trade war saga. But that it’s occurring after a long global expansion cycle tells you it’s a classic bull market peak event.
It’s a government that is telling you: ‘Look, we know better than you. You’re doing things wrong. So give us more of the money you earn and we’ll fix things up’.
From the sounds of it, investors are unhappy with The Donald’s China trade deal tweets on Sunday. Really, they could have chosen any issue at hand — there are so many — for a reason…
Meanwhile, in Australia, it was good to see the RBA held off on cutting interest rates this week. As I’ve argued previously, interest rate cuts at this point do more harm than good.
Trump tweeted the following: ‘For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and 10% on 200 Billion of other goods. These payments are…