With China moving on Hong Kong and the West moving away from China, I see a breaking of the currency pegs, and a resulting currency crisis, as all but inevitable.
Global Market News, Updates and Analysis
The ASX doesn’t move in isolation. Frequently we see sell-offs in the US stock market lead to sell-offs on the ASX. We cover recent factors driving the performance of the ASX include things like Brexit, the Federal Reserve interest rates, and commodity prices. Here you can find our coverage of global markets, usually related back to the Australian stock market. We include snippets of world market news with analysis to paint the picture.
We also look at major movements in currency markets (forex) for clues about which way global markets are heading.
This includes the Aussie dollar in relation to major crosses such as the USD, the GBP, the JPY, and the CNY.
We discuss movements in bond markets as low interest rates force investors to search for yield.
Occasionally we will talk about emerging markets too, as trends here can tell us more about global growth.
So when we talk about global markets, whether that be the Chinese economy (which is increasingly debt laden), the US market or even the ailing Japanese and EU markets, we aim to cut through the typical narrative.
We are contrarian because investing with the herd often leads to poorer returns.
What’s the relationship between the ASX and global markets?
Sometimes action is sector specific.
For example, when the US tech sector gets pummelled Aussie tech stocks frequently also decline.
But broad-based moves, driven by trade war/deal developments, also sweep up ASX-listed stocks in their wake.
What is The Rum Rebellion’s perspective on global markets?
We present a variety of views on global markets at The Rum Rebellion.
Not all our editors think alike.
But what you can be certain of is that we are not an establishment media outlet.
We all agree that globalisation has left many investors empty handed — hoodwinked by low interest rates and technocratic manipulation.
To make our point, we use informative charts and profiles of major companies.
We aim to dig beneath the surface and go behind the headlines that you will find in mainstream financial news outlets.
By following our coverage here, you can understand major trends in global markets as well as any warning signs (or opportunities for profit) we spot along the way.
Each one if these companies generate revenue from businesses and consumers in the real economy. If people out in the real economy are doing it tough, that pain finds its way to the bottom lines…
As you know, we’re going to be showcasing a powerful investing tool for the very first time here in Australia. I believe it could change the way you buy and sell stocks forever — and…
Everybody knows this is no market for a ‘value investor’ like Buffett. He’s wasting his time sharpening his pencils and taking apart balance sheets…carefully balancing assets against liabilities.
The mind games of the markets are a fascinating study in the folly of man. Bubbles have no bearing whatsoever on underlying economic fundamentals. This is pure, raw emotion on display….
Today, we’re living with the consequences of a choice that was made two decades ago. We did not make this choice, but we did participate in the immediate gratification this choice gave us.
China reached a milestone this week in this field. It wasn’t on 5G though, but in quantum technology. You’ve probably already heard about quantum computers.
While the number of COVID-19 cases levelled off in some areas…and rose in others…all of a sudden… Forget COVID!
To sum up then, we’re in the process of correcting the big rally of the past few months. But I don’t think we’ll make new lows.