World markets are so intertwined these days — what happens in one region of the financial markets can affect another halfway around the world.
New markets in the global space are emerging all the time. And the key to growing your wealth is looking outside the box. The world is truly your oyster.
Here’s how the world market is looking at the moment…
Dear Reader, People often make the mistake of assuming that just because you’re super-rich, you must be super-smart. That’s wrong. There’s actually no correlation. Being rich can result from talent and hard work, but it can also come from sheer luck, inheritance, or the right marriage partner. Likewise, being smart is a blend of heredity, […]
If you don’t actively set aside time to educate yourself about markets, you are doing yourself a disservice. And the financial protest movement that the GameStop short squeeze set off is a sign of the times…
Well, if you’ve been following US stock market news you may already know. This stock is GameStop Corp [NYSE:GME]. A huge short interest on GameStop attracted the attention of an internet forum. A group on the website ‘reddit’…
Dear Reader, Stasi was the name of the East German internal security police during the worst days of the communist dictatorship in the German Democratic Republic during the Cold War. Stasi was an acronym for the State Security Service. Its many activities included illegal arrests, interrogation, and incarceration of political prisoners. The Stasi was also […]
Happy Australia Day! I hope you’re celebrating today with a bit of sun, or style, or both. Personally, I’m planning a swim down the beach with my two daughters. There hasn’t been too many days like that this summer down here in Victoria. Regardless, the markets stand still for no man or woman. Every day […]
Today’s Daily Reckoning Australia continues to scan the sky and feel the wind for any sign of an imminent storm. The current market is a little like being out in the ocean without a compass or GPS. Why so? Central banks and government are distorting the market’s price signalling mechanism. You can never trust what […]
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