In today’s Money Morning…the Aussie dollar’s weakness is a sign all is not well in the global economy. But it’s not the only signal we had last week. A flash crash in the Bitcoin price and an ongoing sell-off in global bonds are further signs of an impending liquidity crunch.
In today’s Money Morning…money is changing in many ways right now. And gold could play a central role in a new international currency. You see, on the 22 August, five key countries are meeting in Johannesburg to decide exactly how a transition to a new form of money — likely backed by gold — will take place.
In today’s Money Morning, the fallout from last week’s Fitch downgrade of US sovereign debt has had minimal effect on markets so far. Investors seem to be paying closer attention to the earnings season we’re in the midst of. Results from the big tech stocks in the US has been good so far. But we’ll find out this week if there’s been any dent in economic conditions closer to home as more ASX-listed companies report to the market.
In today’s Money Morning…this week could be a huge week for science. An exciting new discovery is set to be proven — or not. If it turns out to be true, it will change everything.
In today’s Money Morning…the pain trade for the past few months has been the market going ever higher. The longer it continues, the higher the pain for those locked out the market, waiting for falls that didn’t come. But what’s the next pain trade? And how should you play it? Read on for my base case scenario and the sector I’m most excited about…
A key ruling just put a rocket under the crypto market. But it could just be the start of a monumental run leading into a major event in early 2024. Time is running out to claim your stake. Read on for more.