ASX News Live | ASX Rises; Wall Street Firms Bets Fed Will Moderate Rate Hikes
ASX rises as Wall Street optimism about US Fed interest rate moderation spreads. Earnings season continues with heavy hitters McDonald’s, Exxon, and GM featuring.
Macroeconomic News: Insights into Economic Trends and Developments
Leo Lithium [ASX:LLL] Shares down 5% Even as Goulamina Resources Rise
Firefinch’s spinoff Leo Lithium reports increasing resource production at Goulamina, yet shares were sinking 5% in Tuesday afternoon trade.
IGO [ASX:IGO] Celebrates Record Results but Shares Take a Tumble
The lithium company saw its shares falling 7%, even after it announced record dividends, surging EBITDA, and profit backed by strong lithium pricing.
The Middle Class Squeeze
The fiscal and monetary policies of the last two decades were exceptional. As we saw, above, they cost the middle class a lot of money. The aforementioned US$7,400 is just the most recent and most obvious tab. Our own calculations show that the common working man has not had a real raise in nearly 50 years.
Leading Economic Indicators and the Stock Market
In today’s Money Morning, how useful are leading economic indicators? Are they sufficiently ahead of the curve? And why should they matter to investors anyway? Read on to find out…
Lynas Rare Earths [ASX:LYC] Increases Revenue in December Quarter
Lynas reports sales revenue of $232.7 million for the three months to 31 December, up from $202.7 million in Q2 FY22.
