Dear Reader, What a difference a few days can make in the market. This time last week I said bank stocks looked weak whether you viewed them as a technical analyst or fundamental investor. Treasurer Josh Frydenberg rearranged their governing rules a few days later! Bank stocks ripped on Friday. Today’s Daily Reckoning unpicks the […]
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What the US Election Means for Your Investments
After our own, the US political scene is probably the most important for Aussie investors. So, what does this year’s US election in less than two months mean for your investment strategy? Let’s have a look…
Freezing the Economy while the World Changes is Dangerous
Dear Reader, Governments are doing a rather good job of keeping the economy together. At least by the measures which politicians pay attention to. House prices, unemployment, GDP, house prices, and house prices, for example. In fact, house prices are doing rather well. ‘Even in the midst of a recession the Australian housing market continues […]
Get Ready for Amazon Coin and the Fintech Boom
A digital currency issued by a company. It’s not a share. And it’s certainly not crypto. Buying something online? Amazon will have a coin for that! The age of techno-monetary competition is upon us. Get ready for Amazon coin…
Citizens…Let’s Get Ready to Boooorrrrow
Dear Reader, Today I was going to talk about what will save Victoria. From my 5km bubble, I was going to throw out the idea that perhaps Victorians — with the blessing of our lunatic government — may be able to dig our way out of trouble over the next decade. That perhaps this tiny, […]
More Debts Won’t Save the Big Banks — No More Responsible Lending
Josh Frydenberg seems to think that debt is the solution. And he’s going to make that happen by scrapping ‘responsible lending’ laws. In my opinion though, this lending reform won’t save the banks…
