As we’ve been warning, the pain is set to come through unemployment. Which we’re now starting to see. Next step will be recession. Expect that pretty soon when the economy contracts officially. And then there will be corporate failures.
Macroeconomic News: Insights into Economic Trends and Developments
The Real Pain is Yet to Hit: More Market Pain to Come
The impact that has on economic output is devastating. And while the markets have just jumped, the real economic pain of all this has not even come close to hitting as it should.
Banks or Fintechs — Which Is the Better ASX Investment Right Now?
It’s an ASX stock market meltdown unlike anything we’ve seen in decades. A sell-off that is as extraordinary as it is frightening. However, it is also an opportunity. We haven’t seen stocks this cheap for a long time…
The AUD and Economic Instability — The Signal Telling You It’ll Get Worse
10 years ago this month, I headed off to the US and Mexico for bit.
It’s funny how different back then is to now.
Why Iron Ore Prices Just Fell 3.1% Is Important — It’s Australia’s #1 Export
Iron ore is Australia’s number one export. Australia is the world’s iron ore powerhouse, with Brazil a close second. If iron ore prices fall below that and keep falling this is bad news. It will have a big effect on the Australian governments bottom line…
Stimulus Wave: US Dollar Drop Fuels Gold Price Surge
The Dow Jones Industrial Average surged massively overnight, jumping 11.4% or 2,113 points, marking the largest increase since 1933. The ASX 200 followed markets in the US, surging 5.82% in the first 30 minutes of trading this morning. Coinciding with the meteoric rising of global market indices was a 4.75% rise in the gold price […]
