ASX LIVE | XJO to Rise, Market Awaits Inflation Data Today; Google and MSFT Post Earnings
ASX Futures point to XJO to open up. Market eagerly awaits Aus CPI data due at 11:30 AEST. Gold and Oil prices remain strong, earnings season is in full swing.
Macroeconomic News: Insights into Economic Trends and Developments
The Big Switch
Last week, we were exploring the issue. The secret, we believe, is that the federales have lost their minds. The Trump Team went bonkers in the COVID Hysteria with a deficit of US$4.2 trillion in 2020…then the Biden Bunch followed up with another US$1.4 trillion deficit in 2021.
ASX LIVE | ASX to Rise following Wall Street Rally, Earnings Season continues for Big Tech and XJO
ASX is set to rise today, mirroring the rally seen in US equities. Optimism in the market increased 10.4% to 51.4%, the highest level since April 2021.
ASX News LIVE | XJO Flat; South32, Austal, Brainchip, Core Lithium Feature
ASX 200 opens flat as markets gird themselves for June CPI and retail sales data as bets rise for an August RBA hike. South32, Brainchip, Core Lithium feature.
A Cobra Has Eaten Your Super
The Superannuation system was designed to enrich the finance industry, not provide for Australians’ retirement. That’s why they failed to consider what’ll happen when the baby boomers want their money back in retirement. And now that has begun, the super industry has been exposed.
The madness of crowds and an epic short squeeze
The market is nearly always right. But sometimes it gets it very wrong. In this article, I explain why now might be one of those times
