When I first began writing The Daily Reckoning Australia Weekend Edition in 2010, my job title was a running joke. I had several roles in the company which were completely unrelated, leading to a lot of confusion. One of my roles was to follow the European sovereign debt crisis closely and report back to readers. […]
Numbers go up, people cheer. It doesn’t seem to matter how bad the economic climate gets, as long as there’s a positive number in the data, markets see a rally. Overnight a bunch of data rolled out of China, and the US market rallied. Then Australia woke up, and our market joined in on the […]
Today we look at the Macquarie Group Ltd [ASX:MQG] share price in the context of its dividend cut. At the time of writing, The MQG share price is up 3.73%, trading at $103.26. An MQG share price rise on a day when they announced a dividend cut could indicate..
On Tuesday, bitcoin — the controversial and much debated cryptocurrency — is about to see its third ‘halvening’. It’s a big event, but not for the reasons you might think…
The legacy financial system doesn’t want you to make money. You, me, and most people out there simply aren’t supposed to make money. Not according to those in control. Not real money…
Sometimes to know what’s going on, you’ve got to ditch the papers and talk to the people in the industry. Back in the first week of April — a time that feels like another decade ago — I reckon I spent about 40 hours on the phone talking to people in the gold mining sector. […]
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