Australia’s energy transition – An epic clown show
Fed boss J Powell raised rates again this week, despite the backdrop of bank failures and tightening credit. Is this the end of the Fed put?
The equity market is ignoring history
The equity market is ignoring history
Greg Canavan from Fat Tail says rate cutting cycles are actually bad news for equity investors, not good. Why? Find out here.
Why This Is the First Energy Transition in History to Deliver Higher Prices
Why This Is the First Energy Transition in History to Deliver Higher Prices
In today’s Daily Reckoning Australia, a lesson is to be learned from Australia’s whale oil history that explains why the current push to renewable energy is illogical, at least for right now. It isn’t a popular take, but history shows that governments driving investment decisions based on arbitrary targets is a recipe for disaster. Read on to see why…
Why This Is the First Energy Transition in History to Deliver Higher Prices
Why This Is the First Energy Transition in History to Deliver Higher Prices
In today’s Money Morning, a lesson is to be learned from Australia’s whale oil history that explains why the current push to renewable energy is illogical, at least for right now. It isn’t a popular take, but history shows that governments driving investment decisions based on arbitrary targets is a recipe for disaster. Read on to see why…
What the Plunging Aussie Dollar Means for You
What the Plunging Aussie Dollar Means for You
The Aussie dollar is a great barometer of global economic growth. When it’s as weak as it is now, that tells you something is wrong in global commerce.
That ‘something wrong’ is rising interest rates worldwide.
Stocks Haven’t Bottomed — the RBA Will Keep Raising Rates
Stocks Haven’t Bottomed — the RBA Will Keep Raising Rates
It’s hard to believe but the tech-heavy Nasdaq is close to bull market territory. As research firm Bespoke pointed out last week, the index is up 19% from its closing low on 16 June. Our own S&P/ASX 200 is up 9% since a closing low on 20 June. And the S&P/ASX 200 Information Technology Index […]
Inflation has Peaked — and that’s Good for the Market
Inflation has Peaked — and that’s Good for the Market
From here, the biggest question is just how quickly inflation falls back to a level that is acceptable for central bankers to take their foot off the monetary brake.
When Carnage Breeds Opportunity
When Carnage Breeds Opportunity
In today’s Money Morning…What’s going on? Is the war over?…gold is also correcting after a strong run…where we can find opportunities…and more…
The Bulls Are Back in Town
The Bulls Are Back in Town
The bulls might be back in town, but they’re selling you a story of past returns. In their eyes, past returns are an indication of future performance
(Released Today) Divorcing the Tiger: What the Australia-China Split Means for Your Investments
(Released Today) Divorcing the Tiger: What the Australia-China Split Means for Your Investments
In September 2021, Australia signed a defence pact with the US and UK. The Australian reported at the time:
