No matter what the future looks like, bellwether stocks like these three in the areas of business confidence, construction plans, and consumer buying behaviour, will be what ultimately drives the economy and in turn the stock market.
World Market News - Latest Updates and Global Insights
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…
Big Problems Forming in the Middle Kingdom
Most of us are busy counting virus numbers and chewing on headlines that give us clues on when we will get more and more freedoms back. Don’t get me wrong, while these are really important…constantly seeing the same headlines means we are missing important movements in the background. Just last week I wrote there are […]
The US Dollar Money System in Meltdown, What Comes Next? — Bitcoin
I explain why the US dollar’s days are numbered. The Fed is putting out fires for now, hoping that the money system can resolve itself before it collapses. This leaves space for a new reserve asset. My money is on a cryptocurrency like bitcoin…
Did Germany Just Blow up the Euro?
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. […]
Much Trouble in China: Say Goodbye to International Transparency
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 […]
Bitcoin Halvening and The Future of Crypto: What to Do on Tuesday
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…
