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The Daily Reckoning Australia

Accountant working on taxes

When to punt on a tax reform reversal

Australians are suffering from a serious case of taxpayers’ remorse. But will the Labor government’s reforms really get reversed? And how could you profit?

By Nick Hubble, Tuesday, 28 July 2026

US economy and the middle class

Marked for Extincition

The oppressors and the oppressed mostly stay where they are. More than half a century of the War on Poverty, for example, has left us with about the same proportion of poor people as we started with.

By Bill Bonner, Tuesday, 28 July 2026

The Decline of the Human Race

Breaking Down The ‘R’ Word

It is flatly impossible for a normal human animal to go through life without preferences. It is discrimination that is the piston power of progress.

By Bill Bonner, Monday, 27 July 2026

Late to the Ponzi Party

Growth has slowed…cradles are empty…and the cost of accumulated debt has gone up. Younger generations, late to the Ponzi party, miss dessert; they only get to wash the dishes.

By Bill Bonner, Friday, 24 July 2026

Where there’s smoke

By almost any metric you use, stocks are near the highest levels ever – once again on the 10th floor or higher. They could go up, of course. And maybe AI could power a whole new economic boom.

By Bill Bonner, Thursday, 23 July 2026

Protest People with placards megaphones on demonstration. Crowd protesting people composition on the city background.

The Hat Spoke Louder Than the Winning Goal

Ferran Torres, who scored the winning goal in this year’s World Cup, wore a hat that said ‘Make Spain Great Again’ at the victory parade. This message and sparked much debate worldwide. But beyond the message lies a more important issue…

By Brian Chu, Thursday, 23 July 2026

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All advice is general in nature and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

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