Today’s Daily Reckoning Australia continues to scan the sky and feel the wind for any sign of an imminent storm. The current market is a little like being out in the ocean without a compass or GPS. Why so? Central banks and government are distorting the market’s price signalling mechanism. You can never trust what […]
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Was 2020 the Melt-Up? What Stage of the Cycle Are We In?
At the tail end of a bull market, investor greed peaks as everyone scrambles to claim their stake. Markets soar before a painful correction takes place. The thing is, this time around it’s debateable whether we’ve had the melt-up stage yet.
Banking Is in Decline, but Is It Terminal? — The World’s Banks In Trouble
The world’s banks are under siege. Cryptocurrencies threaten to undermine banking altogether. Banks’ lending activities are attracting ever less interest thanks to central bank policies, and now negative rates are on the cards. Governments are borrowing ever more money, expecting banks to buy their bonds. And COVID-19 has unleashed an economic crisis temporarily kept at […]
Stock Trader’s Corner — The Danger of FOMO and When to Jump In
The battery metal/green energy theme has gone into overdrive with punters chasing anything with a shade of green. If you haven’t been participating in the rally you are probably starting to feel a bit of FOMO (fear of missing out).
Aussie Mining Profits and Reaping the Benefits of the Iron Ore Price
Dear Reader, Australia’s luck doesn’t run out, does it? I mean we’ve avoided the worst of the ‘rona. Our political leaders are patting themselves on the back for not being like other countries. Aussies can get back to business… Or can they? Perhaps by avoiding the worst of it we’ve really only just delayed the […]
Andrew Forrest Stakes His Legacy on Hydrogen: The Fuel of the Future?
Andrew Forrest has laid bare his latest plan to ‘save our economy and our planet’ at the same time. He certainly seems to think that hydrogen is the fuel of the future. With the mining magnate suggesting that hydrogen could be the solution…
