ASX News Updates | ASX Up 0.5% At Midday; Bubs, Cettire, Bluebet, Openpay, Airtasker Feature
ASX rises on Tuesday, paring some of yesterday’s steep losses as reporting season continues with Bubs, Bluebet, Airtasker, Wizr, Cettire.
Macroeconomic News: Insights into Economic Trends and Developments
Are Investors Assessing Businesses Correctly?
If a company has a long history of high ROE, we can certainly infer some kind of sustained business advantage allowing the company to generate consistently high returns. But, on this alone, can we conclude that the business will continue to generate high ROE?
Fortescue [ASX:FMG] Slumps on FY22 Results
Shares for Fortescue Metals Group [ASX:FMG] were down more than 4% on Monday after the iron ore miner announced FY22 results, despite announcing a hefty dividend.
Student Debt: Cancelled
Thanks to the Fed’s ultra-low interest rates and its ‘money printing’, our economy is burdened by US$90 trillion in debt. And Mr Biden has just shown us all how to get rid of it.
One Market Doesn’t Believe Powell…Should You?
US$125 billion per minute… That’s how much Fed Chairman Jerome Powell’s 10-minute speech cost investors on Friday. As he spoke from the annual meeting at Jackson Hole, Wyoming, all major US markets tanked.
ASX News Live | ASX Ends 1.95% Lower as Markets Reassess Fight Against Inflation
ASX 200 closes 1.95% lower on Monday as hawkish comments from US Fed Chair Powell trigger a rethink of central banks’ resolve to fight inflation.
