Take a Trip with Jim Rickards — Part Four
Jim Rickards concludes his series of articles on global economies with commentary on developing economies and a summary of what he calls the ‘domino effect’. Read on to find out more…
Macroeconomic News: Insights into Economic Trends and Developments
The Fed’s Tragicomedy
The curtain goes up on the first one as the newly Republican House of Representatives brings out a cannon: the debt ceiling. They say they’re going to fire it if spending…some spending…on projects they don’t care for…is not cut.
And so, the dramatis personae are in place. The battle begins.
ASX News Live | ASX Ponders RBA Decision; Microsoft Declares Search War
ASX to mull over RBA’s expectation of further rate increases in the months ahead. US stocks rally after Fed Powell anticipates significant inflation declines in 2023.
Transurban [ASX:TCL] Group Hits Record Earnings, CEO to Exit
Road engineering company Transurban posts a record half of earnings, with its CEO departure set for 2023, shares see-sawed from high to low by early afternoon.
Macquarie Group [ASX:MQG] Watches Commodity Sentiments in Q3 FY23
Macquarie rises more than 2% in daily trade off the back of a strong third quarter and high hopes for commodities.
Time and Tide
Investors who buy stocks now are pulling their oars against the current. Investors should buy stocks when they’re cheap and SELL them when they’re dear. But stocks are already expensive. If there is any upside, it’s not likely to be much.
