Welcome to Mt Debtmore
The ‘either-or’ outlined by the NYT is a fantasy. There’s an ‘or’ but no ‘either’. Skating along while adding more and more debt is not a possibility. Not for long.
Macroeconomics: Global Central Banks News & Highlights
When to Buy the Dip, and When Not to
We have two mortgage lenders on our buy list trading at very attractive values right now. They were not immune from the recent market sell down.
Nick Scali Ltd Releases Half-Year Results, Shares Up (ASX:NCK)
Nick Scali [ASX:NCK] shares are up today after releasing its half-year results. Shares were down during early trade but have since recovered and at time of writing they’re trading at $14.58, up 1.3% from yesterday’s close.
Cettire Shares Hammered by 20% Thanks to Earnings Miss (ASX:CTT)
Online fashion retailer Cettire (ASX:CTT) is getting rinsed on the ASX boards today. The small-cap is trading 21.36% lower at the time of writing. It’s enduring a massive sell-off as investors revolt against the company’s latest earnings.
The Moral of the Story
Alas, that’s how the world works. There’s always a ‘moral to the story’ and you ignore it at your peril.
‘The Rental Market Is Really Bloody Tight Up Here!’
Stories circulate of prospective tenants offering 6–12 months rental in advance to attempt to beat the competition.
