There’s something fishy about this stock market recovery. And today, we figure out what it might mean for you.
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.
Aussie Bank Bailout — The RBA Is Out to Save the Banks, Not You
Dear Reader, The R word is everywhere today. Something a central bank or politician wouldn’t dare whisper this time last year, is now splashed across the headlines. News of the official recession breaking caused my phone to light up like a Christmas tree. The tumultuous year has turned my phone into a default harbinger of […]
End of Australia’s Recession Free Streak Pushes AUD Lower
Have you been following the foreign exchange market lately? I’ve the habit of looking at it daily to check what the Aussie dollar will fetch you abroad…even though we can’t travel right now. Anyway, the AUD exchange rates are telling quite a story… The US dollar is diving A currency’s movements are usually measured against […]
GDP Falls 7% as Aussie Economy Is Hit and Yet Small-Caps Are Booming
The economy has been ‘savaged’ according to Prime Minister Scott Morrison. Confirming the news that we all knew was coming. Australia has now officially recorded its first technical recession in 29 years…
Central Banks Printing Our Way Out of Trouble — The Danger of Inflation
Dear Reader, The 80s were some interesting times for Argentina. The country was transitioning from a military government to democracy. And, among many of the legacies left over from the old regime, there was a lot of debt…and inflation. To start afresh, the new government replaced the currency, the Argentinean peso, with a brand-new one: […]
Why Tech Stocks Are Doing So Well and Where to Look for the Next Amazon
Increasingly gains on the S&P 500 [SPX] are concentrated in the hands of just a few companies. There’s a good reason for this — the pandemic is accelerating the push towards technology like never before. But there are two perspectives out there, which offer very different visions of what the market will do…
