Dear Reader, The Federal Reserve Bank did the unthinkable back in April. It unleashed US$3 trillion onto the financial system in less than three months. However, as Jim points out today, think of that money as a mere bridging loan for the US. Unemployment data is expected to rise for the US as of September […]
Successful investors adapt quickly to change. And today’s piece is almost contrarian when it says mining and Chinese debt could underpin Australia’s economic recovery…
502 years ago, Martin Luther nailed his 95 theses to the door of All Saints’ Church in Wittenberg.
Dear Reader, Early in the pandemic, I wrote a draft that never made it to print. That happens a lot in this business. Sometimes the thoughts need to roll out onto the page before you discover what the meaningful part of it is. As stocks tumbled all around us in March it looked like the […]
Shares in the Australian betting company rocketed up on news of a new partnership. Pointsbet Holdings Ltd [ASX:PBH] has announced a five-year exclusive media partnership with NBC Universal in the United States…
Jerome Powell has abandoned any care about inflation… The US Federal Reserve Chair confirmed this at this year’s (virtual) Jackson Hole summit. Stating that the Fed would no longer be strictly targeting an average 2% inflation rate for the US economy…
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