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Macroeconomic News: Insights into Economic Trends and Developments

ASX:TON triton minerals

Triton Minerals [ASX:TON] Shares Rise on Chinese Investor Approval

Explorative miner and developer of the Mozambique Ancuabe Graphite Project Triton Minerals [ASX:TON] announced an onsite visit by Shandong Yulong.

By Mahlia Stewart, Friday, 25 November 2022

Daily Reckoning Australia

Beyond Turkey

Yesterday, the major indexes rose; the bounce continues. But it won’t save the disruptors. They’re getting disrupted anyway. Bankman is bankrupt. Carvana crashed when used car prices went back to normal. Zillow, the real estate database, was wrecked when its algorithm failed to notice mortgage rates heading back to normal. Meme stocks — like GameStop — are being un-memed. And Beyond Meat — the turkey’s great hope — is almost beyond hope.

By Bill Bonner, Friday, 25 November 2022

US Dollar note

The Most Important Price of All

Lower prices cause producers to cut back. Higher prices cause them to increase output. And then — what ho! — prices go down again.

By Bill Bonner, Thursday, 24 November 2022

ASX OZL Share Price - Oz Minerals Shares

Copper Boom Looms…Oz Minerals Sells Out

In today’s Daily Reckoning Australia, James takes a critical look at the recent BHP takeover of Oz Minerals. He explains why this deal will short-change Oz shareholders, set to miss the coming boom in copper. With Oz Minerals now off the table, James has found TWO other late-stage explorers set to replace Oz Minerals’ unique position as an exclusive Australian based copper producer. Read on to find out more…

By James Cooper, Thursday, 24 November 2022

ASX News Live | ASX Up 0.35%; Kogan, Regis Resources, Pointsbet Feature

ASX rises after Wall Street bets on slower Fed hike rate cycle. Kogan continues to sell down inventory. Pointsbet expands to another US state.

By Kiryll Prakapenka, Thursday, 24 November 2022

ASX:QAN

Qantas Lifts Profit Forecast for Christmas Season

This morning, Australian aerial icon Qantas Airways [ASX:QAN] shared improved profit guidance for the half year, uplifted by returning air travel demand ahead of the Christmas travel season.

By Mahlia Stewart, Wednesday, 23 November 2022

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