Even a stopped clock is always right twice each day, they say. And if each day we predict a stock market crash, one day (perhaps) we’ll be right.
The big picture for the Shanghai Accord is that a weaker US dollar is still out there, but the Fed will temporarily say they can get away with it.
Lower petrol prices have taken out some of the pressure for higher wage demands, as the lower cost is a straight cash benefit to motorists.
The biggest one-day panic in Wall Street history occurred in 1987. The Asian Crisis hit in 1997. The Global Financial Crisis got rolling in 2007, when mortgage lenders Northern Rock and New Century Financial collapsed. If you’re superstitious, that makes…
Aussie house prices haven’t fallen. But that hasn’t stopped people (including your editor) from predicting a catastrophic fall.
What makes Blockchain so special is that it’s spread over a network of nodes, thus encouraging transparency. It’s a system that works ‘without relying on trust’.
Persistent low rates have not caused inflation, but they have caused asset bubbles, which threaten to pop and unleash a financial panic on their own — independent of tight financial conditions.
If you invest only what you’re willing to lose and cut your losses early, your winners should more than make up for the losers.
It may not seem important, but where the gold price goes next could provide a major clue on the health (or otherwise) of the world’s economy.
In today’s video update Kris looks at the Australian government’s first ever issue of a 30-year bond, and explains why the government is doing it…