What caused the collapse of the Silicon Valley Bank? Turns out, one of the best explanations came from the Federal Deposit Insurance Corporation…four days before the collapse! And what happens now? Read on for that info, as well as where to search for opportunity in this turbulent, fearful time in markets.
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.
The ‘Silent Boom’ for 2023 Is…
While there’s plenty of uncertainty and the banking crisis continues to make headlines, here’s a reminder that there are still plenty of long-term opportunities out there.
Talon [ASX:TPD] and Strike [ASX:STX] Snap Up Approval for Walyering
Strike Energy and Talon Energy have received the approvals needed to kick off operations at their joint venture Walyering. Talon Energy has also announced a share purchase plan for$2 million worth of its shares.
Global Lithium’s Recent Assay Suggests Expansion
Global Lithium finalised its 2022 Manna drilling program, which hints at a mineralisation expansion that could bring about a greater lithium yield than expected.
Alkane Resources [ASX:ALK] Grabs Extra Tenements in NSW
Gold miner Alkane has broadened its portfolio with an extra two projects it has taken from Sandfire, in exchange for $1.9 million worth of its shares.
Xero [ASX:XRO] Battens Down Hatches with Cost Reduction Strategy
Xero is primed to absolve 700–800 jobs and pull out of its Waddle cloud-based company as it aims to save on costs and position the business to the pathway of ‘disciplined growth’.