ASX Today — Live ASX News | XJO Steady, US CPI As Expected, Allkem Merges with Livent
ASX inches higher at open. US CPI print as expected but core inflation sticky. Allkem announces huge Livent merger.
ASX inches higher at open. US CPI print as expected but core inflation sticky. Allkem announces huge Livent merger.

Have you heard of something called the SKEW Index? I’ll explain it below — and why you should care…
By Callum Newman,
ASX opens lower. Markets mull federal budget. Appen sinks on strategy ‘refresh’.

Last week, the stupidity of smart people was on display. But as failure often leads to success, youth leads to old age, and holding up liquor stores leads to jail time…
By Bill Bonner,
ASX opens higher after Friday’s Wall Street rally. Westpac posts $4 billion net profit. Lithium stocks gain. Budget details leak.

Someone should tell Jay that since the June 2022 peak, oil prices are down nearly 50% (and an absolute bargain at these levels IMO). Also, someone should remind him that the US inflation rate hit 5.6% in July 2008. Six months later it was all about deflation. This is not 2008 again, to be clear.
By Greg Canavan,
Investment ideas from the edge of the bell curve.
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