The US, Russia, and Saudi Arabia now pump more oil than the 15 member OPEC block combined. And as Bloomberg reported this week, new pipelines in the oil rich US’ Permian Basin are scheduled to deliver an extra two million barrels of oil per day to the Gulf Coast within 18 months.
You’ll sometimes hear these big funds referred to as ‘the smart money’. That’s because they’ve got a lot of researchers digging up details on stocks that ‘ordinary’ investors won’t have access to. But here’s the catch.
There’s a key piece still missing in Amazon’s Australian expansion plans. One that could be as important to its logistics operations as refrigeration technology is to the meatpacking business.
Bitcoin is currently trading for AU$4,390. That’s up from the AU$4,070 quoted by The Age in the above article, released only Tuesday morning.
US Attorney General Jeff Sessions wants to turn the clock back to 1971. That’s when President Nixon declared a ‘war on drugs’, including cannabis.
Government officials and agencies have turned a blind eye towards reality. The reality of the booming world of cryptocurrencies.
And despite the spate of recent headlines trumpeting a housing crash Down Under, all the ingredients for continued growth remain in place.
After years of stellar growth, do you believe Australia's housing market has peaked? Plenty of analysts are eagerly making that call.
Australian retailers would do well to get their hands on a copy of Joseph Schumpeter’s 1942 book, Capitalism, Socialism and Democracy. Ironically, though, their best bet may be to order a copy via Amazon.
Australia’s debt problems are far from over. The budget estimates gross debt will reach $725 billion by 2027, which could take another century to pay off.