In today’s offering, first published on 6 November, your editor Harje Ronngard discusses the parallels between trading and punting.
In today’s offering, first published on 15 October, your editor Greg Canavan discusses a forgotten idea that could solve climate change.
The most important event going on in the world right now is the mid-term elections in the US. It may not seem like a big deal to us here in Australia, but it is.
I want draw your attention to the parallels between investing and punting on the horses. At least there is the way I do it.
When the stock market responds to strong economic news with falls, it’s not a bullish sign, folks. It tells you the good news is largely priced in, and that it is, in fact, now bad news. Why?
Aussie stocks bounced nicely yesterday. The ASX 200 jumped 1.34%. Is the worst of the selling over? Who knows? Panic buying usually follows panic selling. It’s not a sign of a market that’s confident or has things under control.
Today, I want to focus your attention on something entirely different. I want to highlight some ‘fake news’ that should make you very wary of tuning into the mainstream media.
Tech stocks have been the leaders in this bull market. That’s where the action is and where most of the returns have been concentrated. If the NASDAQ turns down, there is a good chance it will bring the rest of the market down too.
The market is in the process of pricing in a Labor government. This means things like more renewable energy investment, a potential end to franking credit rebates for retirees, and an end to negative gearing on existing homes.
Climate change may be a long-term threat, but it’s not so big a threat that our global technocratic masters are demanding that China move faster to get their emissions under control.