The Tipping Point for the Banking System and Our Economy
Another blast of air may hit the banking system. They’ve not only benefitted from housing growth, but this low and negative interest rate scenario is turning the whole system on its head…
Newcrest Mining Share Price Higher on Drilling Results (ASX:NCM)
Australia’s largest ASX-listed gold producer, Newcrest Mining Ltd [ASX:NCM], released an exploration update today for both Red Chris in British Columbia, Canada, and Havieron in Western Australia…
Fed Goes All Sliding Doors
The US Federal Reserve had their own ‘Sliding Doors’ moment this week. What if we hadn’t raised rates in 2015?
BHP Announces Plan to Reduce Debt (ASX:BHP)
BHP Group Ltd [ASX: BHP] revealed its plan to reduce some of their debt balance and interest payments. At time of writing, the BHP share price was trading at $37.85. That’s 1.69% lower than yesterday…
Fortescue Share Price Drops 8% Today, What Happened? (ASX:FMG)
At time of writing, Fortescue Metals Group Ltd [ASX:FMG] shares are trading at $17.36, down 8% from yesterday. Fortescue is an ASX-listed iron ore producer and exploration company in Western Australia…
If Salvador Dali Were a Politician…
Artists have traditionally been the ones to defy the status quo. They have taken on the task to challenge traditional views and push society to consider new ideas. And they do this through art. Art…
Middle Island Resources Shares up 17% after Hitting Gold (ASX:MDI)
Middle Island Resources Ltd (ASX:MDI) shares opened up 17% higher this morning on an early trade. At time of writing shares are trading at $1.9 cents, almost 12% higher from yesterday’s close…
Oil Search Cancels Dividend But Share Price Pushes Up (ASX:OSH)
It’s been a tough ride for oil companies during the pandemic and Oil Search Ltd [ASX:OSH] is no different. The company reported a net loss after tax of US$266.2 million (around AU$371 million)…
The Fight for Our Money
During the pandemic central banks have printed lots of money to keep the system going. As I’ve written before, this was happening before the virus but the pandemic has only expedited trends.
Santos Takes a Hit from the Pandemic, Share Price Down (ASX:STO)
ASX-listed energy producer Santos Ltd [ASX:STO] released their 2020 half-year results today. For the period ending in 30 June 2020, Santos reported a US$289 million (about AU$400 million) loss after tax…