Let’s start with the basics. There’s no evidence that lockdowns work to stop the spread of coronavirus. None. This is not guesswork. After 10 months of the pandemic, we have data from more than 20 major countries around the world that have tried lockdowns in various forms. The lockdowns range from extreme (as happened in […]
Today is a day where we talk all things central banks. Well, at least about all things from our central bank. We can save the diving into what the others are doing for another day. You see, earlier this week the November minutes from the Reserve Bank of Australia (RBA) were released, and analysts have […]
If you haven’t already heard, bitcoin has been on a tear lately. In fact, it’s been on a tear for most of 2020. Overnight bitcoin briefly breached the US$18,000 mark for the first time since 2017. Rising just over 15% in the past week alone…
Well, that was a dud. Yesterday, trading halted on the ASX at around 10:30. The premier stock exchange in the country couldn’t process an order.
Dear Reader, And so, we go for another week here at the Daily Reckoning. All the market is agog with the idea of Quantitative Easing from the Reserve Bank of Australia. Is it money printing? Will it cause an asset boom? The answer is…it depends! Aussie Property Expert’s Bold Prediction for 2026. Discover More. I […]
The indices are flying, suggesting that the worst may be over for our pandemic-led downturn. And, more importantly, that the property market may be the key to getting our economy back on track…
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