Australian winemaker Treasury Wine Estates Ltd [ASX:TWE] saw its share price drop with the emergence of COVID-19 earlier this year, plummeting 56.86% into the March low from September 2019. Having now recovered marginally to $11.59 at the time of writing, Treasury is still facing some stern challenges…
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.
Young? Risky? Bored? Buy Stocks! — The Robinhood Rebound
It’s known as the ‘Robinhood rebound’. And yet it has nothing to do with taking from the rich to give to the poor. Nope, this Robinhood is a stock trading app hugely popular in the US. It’s now also expanding around the world. It’s popular because the premise is you can buy and trade stocks for ‘free’….
The Losses From Unemployment Will Be Permanent
Dear Reader, Unemployment won’t be as bad as first thought, the Aussie media declared yesterday. Treasurer Josh Frydenberg reckons the number of Aussies looking for work may peak at 8%, not 10% like first thought. Of course, I find this figure impossible to believe. For starters between JobKeeper and JobSeeker, more than one-third of the […]
Kogan Shares in Trading Halt as It Seeks $115 Million for Growth (ASX:KGN)
At time of writing, shares of Kogan.com Ltd [ASX:KGN] are in a trading halt. Kogan is seeking a $100 million capital raise to fund its growth. After an immense run up the charts, the Kogan share price punched through resistance at $9…
The Weirdest Investment Bubble I’ve Ever Seen — The Bankruptcy Bubble
Stocks that have all been savaged by the coronavirus. And yet, they’ve all posted double or even triple-digit gains in recent days. It’s more than just a handful of cases of a ‘dead cat bounce’. It’s a bankruptcy bubble. One of the most bizarre, and yet effective, get rich quick schemes I’ve ever seen…
NAB Share Price Gets Bounce as Big Four Gain on Economic Hit Revision
Big green numbers for the Big Four banks today, with the National Australia Bank Ltd [ASX:NAB] share price up 5.54%, to $20.56. The NAB share price wasn’t even the best of the bunch.





