As this government-created economic cyclone destroys industry and jobs, politicians are panicking and scattering cash like confetti at a wedding…
Dear Reader, Today’s the last day of our special ‘stop press’ publishing schedule. Your normal service will resume tomorrow. Thanks for reading, listening, and tuning into our videos. We hope you got something useful out of it. If you missed last night’s roundtable discussion between myself, Shae Russell, and Dan Denning, you can catch up … Read More
Dear Reader, Before we kick off with the second to last instalment of our special series, a reminder to keep an eye on your inbox around 7pm for tonight’s investment briefing. It could not come at a better time. Greg, Shae, and I (Dan) have mapped out a course ahead through the coming days and … Read More
Dear Reader, We continue our special coverage of financial markets in the age of pandemic. As margin calls roil stock markets and liquidity disappears from the system, we believe there’s a flight to what few ‘safe’ assets are in the system. But hardly anything seems safe. The ASX 200 closed 4.4% higher on Friday after … Read More
Getting caught up in the daily price movements of gold is dangerous. Unless you’re a bullion trader that shifts bullion tons by the minute, the daily price moves are irrelevant to you. By focusing on…
Is this the end of the bull market? It’s a sea of red out there. Mostly everything is down today. Overnight, US stock indices plunged over 9%, European over 12%. The S&P/ASX 200 has plummeted today by 6%, at time of writing. Oil is down. Gold and silver are down. Even shares for companies that, … Read More
Let’s revisit the chart from last month, where I said if the FMG share price broke through this range, the long-term top was in.
Two green-dream fantasies are heading for a massive and costly collision. It’s time for Australian politicians to stop frolicking with green fairies around the zero emissions maypole.
Not all assets have gained this year. Crude oil, for one, has been slipping. West Texas Intermediate crude (WTI) is down 4.6% since 2 January. And it’s down 7.8% since a recent 6 January peak.
The ASX 200 hit another record high. That marked five record high closes in a row, before it slipped in today’s trading. The Rum Rebellion editor Vern Gowdie, isn’t buying it. Vern reminds us that…