In today’s Money Morning, we have a ‘Choose Your Own Adventure: Recession Edition’ for you. The scramble for cash is draining liquidity from the economy. It’s a time to be cautious, but it’s also a time to start curating a watchlist of investments. Where do you look for those? Read on to find out…
Australian Economy News: Updates and Insights on Australia's Economic Landscape
When most people think about the ‘Australian Economy’, the first thing that’ll often come to mind is mining and banking. Two industries that dominate our total productive output both locally and abroad.
It is, however, a little more intricate than that...
Australia is a prime exporter of many commodities. Many of which are mined, but some of which aren't. And while iron ore has certainly been our forte for a number of years now, we have quite the unique mix of materials across our vast country.
Rio Tinto Flat on Release of Q3 Results
The world’s second-largest mining corporation, Rio Tinto [ASX:RIO], released its third-quarter production results on Tuesday. RIO shares are down 20% year to date. Source: tradingview.com RIO’s Q3 production and operations Rio Tinto released the latest production results for the third quarter of 2022. Here are the production highlights: Bauxite production was 2% lower than in […]
CSL Outlines Growth Strategy Following Vifor Acquisition
CSL [ASX:CSL] released an investor briefing presentation on Monday, providing further detail on its Vifor acquisition, along with a business and strategy update. CSL believes its recent US$11.7 billion acquisition of iron deficiency business Vifor will accelerate the company’s growth by bulking up its product pipeline, even if questions over ‘IP cliffs’ remain. CSL shares […]
What the Plunging Aussie Dollar Means for You
The Aussie dollar is a great barometer of global economic growth. When it’s as weak as it is now, that tells you something is wrong in global commerce.
That ‘something wrong’ is rising interest rates worldwide.
Pantoro [ASX:PNR] Pours First Gold at Norseman Project
Pantoro [ASX:PNR] has poured its first gold bar from its Norseman Gold Project. About eight kilograms were poured on 13 October, with production from PNR’s leaching circuit now underway.
Pfizer’s Bluff and the Cult of COVID Science
When is a lie based on ‘good intentions’ so egregious that the party or parties responsible be given no quarter? There have been many events in recent years where the damage to society is immense and long-lasting, but those who caused it are given a mere slap on the wrist.
