‘The time to buy is when there’s blood in the streets.’ You’ve probably heard or seen this quote a few times if you’re a market devotee. It is a favourite catch cry of the contrarian investor….
Dear Reader, Have you noticed how the mainstream press is trying to turn panic buying into a good thing? I’ve seen headlines like ‘panic buying drives biggest retail sales…’ …or in today’s paper: ‘Australians were the world’s best panic buyers’. According to the article, Australia ‘out-shopped’ 54 other countries when it came to panic buying, […]
When it comes to bitcoin critics, there are plenty of names to choose from. One of the most vocal has always been JPMorgan CEO Jamie Dimon. Overnight, for the first time in almost a month, bitcoin hit the US$10,000 mark again…
Can the stock market go higher? — There are lootings, shootings, and protests all over the country. And the stock market moves up?! Yeah, it sounds crazy, I know. But that’s what’s happening. US stock markets edged up 0.36% overnight…
Dear Reader, Well that was a bizarre two months. We’ve gone from digesting what the coronavirus impact could look like, stock markets crashing, café tables being taken away from us, being shuttered indoors, to social unrest in two major financial hubs. What’s ahead for the next seven months of this year? Here in Australia, we’re […]
The biotech wars are only getting started. There’s no doubt that whatever country can create a COVID-19 vaccine first, will enjoy a huge economic advantage over competing countries. The race for a COVID-19 cure is shaping up to be just as important as the space race was in the ’60s…
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