We’ve seen what a sharp, sudden spike in interest rates (the availability of credit) does; businesses tighten up, employees are let go, spending goes down and GDP rates go from positive to negative.
The Daily Reckoning Australia
Gold: The Jekyll and Hyde trade
Many expected gold and precious metals to surge as the conflict broke out in Iran. However, they’ve declined. Today’s article reveals something that isn’t receiving widespread coverage but may be contributing to these moves…
War at the Improv
We will soon get to see what effect a sudden uptick in oil prices will actually have. Will it send modern economies into recession? And when investors see it depressing corporate earnings?
Courting Disaster
The most remarkable thing about the bombing of Iran is the premise behind it. We’ll come back to that in a minute.
The Paris Syndrome pandemic is coming to the ASX
Europe is falling apart. But Paris Syndrome doesn’t just apply to Japanese tourists. Aussie stocks can catch the contagion too.
The Nuclear Option
The US war strategy is still cloaked in confusion. But we think we know what Iran had up its sleeve. With only a tiny, largely dysfunctional military the country had almost no way to protect itself…
