In today’s Daily Reckoning Australia, a silent war was waged against us by our own governments amid a crisis. But revelations of flaws in their basis for taking control are shedding light on a core issue: Why did we find out so late after the fact? Read on to learn more…
World Markets: Global Insights into Financial Trends and Investment Opportunities
When concerned with the global economy, it’s important to look beyond the powerhouses that are often in the spotlight, and to look at the various emerging markets operating just off stage.
Today’s biggest emerging markets (BEMs), include Argentina, Brazil, China, India, Indonesia, Mexico, Poland, South Africa, South Korea and Turkey. Not as big, but still making impact, are Egypt, Iran, Nigeria, Pakistan, Russia, Saudi Arabia, Taiwan, and Thailand.
Don’t Make the Same Mistake as Credit Suisse Investors
In today’s Money Morning, Credit Suisse confirms what we all knew, and the European bank’s downfall distils the harsh lessons investors need to recognise in these challenging market conditions. Plus, the bigger topic is still energy. Learn how to stay ahead of the mainstream train wreck that is coming…
Openpay 1Q23: TTV Rises but Cash Perilously Low
Buy-now-pay-later (BNPL) fintech Openpay’s [ASX:OPY] saw its available cash and cash equivalents dwindle to $8.9 million in 1Q23, leaving the BNPL stock with less than two-quarters of cash runway left.
JB Hi-Fi [ASX:JBH] 1Q23 Sales Rise
Large electronics and appliances retailer JB Hi-Fi [ASX:JBH] held its annual general meeting (AGM) and released a brief 1Q23 sales update, showing 1Q23 total sales rose strongly on 1Q22 for all key segments.
Kogan: ‘Subdued’ Quarter Marked By Dumped Excess Inventory
Shares of online retailer Kogan [ASX:KGN] rose on Wednesday (26/10/2022) despite Q1 FY23 Gross Sales slumping 38.8% year-on-year and Gross Profit falling 40%.
European Lithium [ASX:EUR] to Merge with Nasdaq SPAC Sizzle
Lithium developer European Lithium [ASX:EUR] rose as high as 30% on Wednesday after announcing merger plans with Nasdaq-listed special purpose acquisition company (SPAC) Sizzle for an equity consideration of US$750 million.





