Dear Reader, As we stare down the barrel of the New Great Depression, one of the most pressing questions investors are asking is: Is it wise to get out of stocks completely? The answer is no, according to Jim Rickards. But you do need to tread carefully. Opt for gold and cash first, and then […]
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.
Are Robinhood Traders Really Driving the Market Rally?
According to many, the biggest 50-day stock market rally in history was caused by a bunch of spotty millennials buying ‘stonks’ with their $1,200 stimulus handouts. Well, I decided to have a closer look. And let me tell you, what I found was a shock…
Wisr Share Price Gets Its Wings Back (ASX:WZR)
At the time of writing, the Wisr Ltd [ASX:WZR] share price is up dramatically, up over 25% to 19 cents. The fintech lender had seen a large fall in its stock price with the emergence of COVID-19. Losing over 80% of its stock price…
Things Will Get Worse before They Get Better: The New Depression
Dear Reader, Will the economy — and life as we know it — ever return to ‘normal’? Don’t bet on it, says Jim Rickards. In today’s edition of The Daily Reckoning Australia, Jim explains why we’re a long way off normal. In fact, he warns things could get worse — far worse — before they […]
Tyro Shares Crumple as Market Tests Investor Resolve (ASX:TYR)
It’s been a savage day of trading for Tyro Payments Ltd [ASX:TYR]. At time of writing the TYR share price is down 12.11% and still falling. One of the worst performers out of a handful of fintech stocks getting hammered today. Which begs the question, is it time for investors to get out while they still can?
Meteoric Resources’ Share Price Up on Gold Mine Restart (ASX:MEI)
The share price of small-cap iron, gold and base metal explorer, Meteoric Resources [ASX:MEI] are up a hefty 36.84%, or 0.7 cents this morning to trade at 2.6 cents per share. Today’s rise marks the first day of trading in MEI shares in nearly three weeks as the explorer remained in a trading halt pending […]