Political gridlock continues. The debt keeps mounting. And interest rates show no signs of retreat. But does anyone in the street really notice this stuff? Not really. Because in our minds ‘life goes on like it always has’, so why sweat the small stuff? Well, this ain’t the small stuff, this is…HUGE. Read on…
Russia has always had an uneasy relationship with Europe…sometimes admirer and imitator…sometimes fighting for its life against ‘the West.’ A little history might help clarify
The ASX opened down this morning as the market awaits Michele Bullock’s first RBA meeting as governor. Rate decision due at 2.30pm while the Aussie dollar plunges to 11-month low. Global bond markets rose ~10 basis points overnight as bond market sell-offs continue.
ASX is set to start off the final quarter of the calendar year down, following a mixed session on Wall St as ‘high for longer’ looms large in traders’ minds. Tomorrow, we have the RBA meeting and US Fed Chairman J Powell speaking to the current market outlook.
ASX is set to start off the final quarter of the calendar year down, following a mixed session on Wall St as ‘high for longer’ looms large in traders’ minds. Tomorrow, we have the RBA meeting and US Fed Chairman J Powell speaking to the current market outlook.
With weak growth, falling household income and contracting trade, Jim Rickards explains why recession-prone Japan won’t provide optimism for the global economy as we near the cycle’s peak.
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