ASX Live News | ASX Ends Week 3.9% Lower
ASX 200 ends week 3.9% lower. Dusk, Piedmont Lithium, and Evolution Mining feature on Friday. More ASX live updates here.
Macroeconomic News: Insights into Economic Trends and Developments
ASX News Live | ASX Closes 2% Lower; BHP, Pointsbet, Zip, Sandfire Sink
ASX news: ASX plummets 2% on Thursday, echoing Wall Street moves, dragged down by big falls by Pointsbet, BHP, Sandfire, & Ramelius.
Way off Target
Last week’s big news came on Friday. In short, the Fed didn’t ‘pivot’. Not yet. And bringing our conclusion right up front: the pain has only just begun. It’s later — when inflation-adjusted interest rates are higher than the CPI (consumer price index) — that we’ll find out what a twirl the Fed can do.
ASX News Live | ASX Ends 0.16% Lower; Webjet, Pointsbet, Harvey Norman, Splitit, Mesoblast Feature
ASX news: ASX ends 0.16% lower on Wednesday as reporting season winds down with Pointsbet, Webjet, Harvey Norman, and Mesoblast featuring.
The Great Debt Transfer
The Fed lent money at such low rates that Wall Street firms were able to turn single family homes into an asset class. The builder made money. The realtor made money. The mortgage lender made money. And now a whole new intermediary was in the picture — making even more money off the middle class.
The Real Meaning of Wealth
Wealth is the result of combining ‘well’ and ‘health’. The real wealth in a family is measured by the health and wellbeing (physically and mentally) of its members.
