The ASX 200 looks to fall over a per cent today as markets fret, while Wall St hits correction territory as the S&P 500 is down over 10% since its July peak.
The Australian graphite sector is lighting up like a Christmas tree and could have further to run since it’s been hammered so mercilessly over the past year. I show you my top picks in the graphite sector to keep your eye on in today’s Closing Bell video…
If there is one thing you must remember, it’s this…
The market looks forward, not backward. It prices in moves in the economy or earnings before you see it in the data and the headlines. Which is why you should ignore today’s news showing the US economy expanded by a robust 4.9% in the third quarter. The market had it priced in months ago.
The ASX 200 was up this morning, bouncing off the new low for this year. Markets remain cautious as strong GDP data from the US combined with Aus CPI data keep interest rates ‘live for the next Central Bank meetings.
The ASX 200 was up this morning, bouncing off the new low for this year. Markets remain cautious as strong GDP data from the US combined with Aus CPI data keep interest rates ‘live for the next Central Bank meetings.
The force of a correction is equal and opposite to the delusion that preceded it.
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