Usually it’s the US economy that drives the global cycle. As the world’s biggest economy, it makes sense. And it played out like that for most of the 20th century. But Malinen says that it’s China that is now driving the economic cycle, not the US...
Are Australia’s banks finally starting to crack? It would appear so…The recent earnings falls are just the beginning…
Every three or four years, the stock market throws up an opportunity to make life-changing profits. For those who know how to spot it, the gains can be tremendous. It happens quietly at first…then all at once it’s a rush to get in!
This is how stock market rallies begin…They break out with few believers, until one by one, and over time, bears become bulls as the market rises.
One statistic — a data point that’s preceded every major US recession in the last 50 years — says Dalio and the rest of them are all wrong. And if it keeps up its 100% record then it’s likely both the world and Australia will weather the current headwinds.
The design of the new Morrison FHBS is a carefully crafted one. Sneakily so, almost. First up, the attempt to keep the frenzy going… Every Ponzi scheme needs fresh meat, otherwise it dies.
here’s pressing questions on the very concept of money itself… Is it the end of paper money?
It would seem that the old investing adage of ‘buying in gloom, selling in boom’ would’ve seen you making some nice returns in this current 10-year bull market.
The big banking model is on its way out. Not even the insiders think it’s the way banking will be done in the future.
Afterpay operates in a sweet spot with huge potential still. And they’re going after a global market. Most importantly, they’re a favourite of the coveted millennial generation — the banking industry’s most lucrative future customers.