In 2019, Spain increased their minimum wage from €736 (around AUD 1,170) to €900 (around AUD 1,430). This is a 22% sudden salary jump. Will the increase spur spending which will then increase hiring and reduce unemployment…or will it create inflation and higher unemployment?
The FAANGs have been driving the markets up in recent years. Now we are hearing that after market turmoil, the FAANGs are cheap, that it is not too late to invest in the FAANGs. But we think they may have peaked.
Aussie households aren’t spending as much on things that aren’t absolutely necessary. The culprit is low salary growth, and increases in essential spending, like energy bills.
Compared to the wine market, the weed market is still quite small. But recreational marijuana could give the industry a big push in years to come. Some wine makers in the area are already getting nervous on the increasing competition they face with weed.
Bitcoin’s price dropped in 2018 and interest seems to have quieted down. Yet, as we have written before, if you are dismissing cryptos based solely on bitcoin’s price, you are missing the whole point.
Central bankers usually add gold to their reserves to diversify, and to provide a hedge against inflation. According to Bloomberg, central banks now hold about a fifth of the gold ever mined.
Sirtex Medical [ASX:SRX] shares are up a 45.94% today. Shares were trading at $27.48 at time of writing, after a trading halt yesterday. What's caused the increase?
Sirtex Medical Ltd [ASX:SRX] shares increased 12.94% today. Shares are trading at $17.67 at time of writing, up from $15.65 yesterday. What caused the share price rise?
Shares of Bellamy’s Australia Ltd [ASX:BAL] gained a whopping 21.44% today. Shares were trading at $13.31 at time of writing. What caused the share price increase?
JB Hi-Fi Limited shares have gained 4.89% today. At time of writing, shares are trading at $28.11 up from $26.80 yesterday. What caused the share price increase?