Shares of leading Australian airline Qantas Airways [ASX:QAN] spiked 10% on Thursday (13/10/2022), expecting a 1H23 underlying net profit before tax of $1.2–1.3 billion.
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.
‘I, Bernanke’
What’s great about the US is that anyone can grow up to be president…or win a Nobel Prize. Donald Trump proved the first point. Now, Ben Bernanke has proved the second.
Commodity Stocks — A Pillar of Strength in This Growing Bear Market
Despite enormous falls in the US market over the last few weeks, if you’re holding large-cap mining stocks, you’re probably faring pretty well. This was the message I conveyed to readers of The Insider last week. It’s one reason Australia’s leading index, the S&P ASX 200, continues to pivot away from the US S&P 500.
Bank of Queensland (ASX:BOQ) Surges on FY22 Results
The Bank of Queensland [ASX:BOQ] share price spiked on Wednesday (12/10/2022) following the release of its FY22 results. The bank said the results showed ‘good business momentum, tightly managed costs and improved portfolio quality.’ BOQ reported a 15% rise in statutory net profit after tax to $426 million. BOQ shares were up 10% in late […]
Gilty Finking
Yes, dear reader, it’s a YODO world now. Investors are realising that when they are dead, they are dead forever — no Fed voodoo to raise them from the grave. And it’s the first time for most of them. No chance to practice. No opportunity to learn.
PLEASE, PLEASE, PLEASE Stop and Listen to History
This plea is NOT to central bankers or policymakers. Their bloated egos, gross stupidity, and blatant self-interest rendered them deaf to anything other than fawning (but very much undeserved) applause and accolades. No, dear reader, this plea to stop and listen to history is for you.
