Australian Economy
Australian Economy
aussie markets
Where are The Exits?
aussie marketsInvestors simply aren’t worried about anything. Which means the market isn’t priced for any kind of worrying event. When you get such pervasive optimism, it is indeed a time to be worried.
Myer and the King of Retail
MyerThe Aussie market didn’t like the data, with Myer shares falling 4.6%. But the jokes really on the early investors. The departments store share price is now worth one fifth of value compared to initial public offering price of $4.10 in November 2009.
Safer Than Houses?
australian housing with bitcoinFor years, there’s been no more reliable investment class in Australia than residential property in our major cities. But increasingly, it looks like 2017 could be the year that changes.
On the Origin of Baguettes
aussie marketApparently, when the French metro was being built in the late 19th century, The builders asked the local bakers to make a thinner, longer loaf that the men could break with their hands, allowing them to leave their knives at home. Et voila, the baguette came into being!
New Highs Await the Aussie Market
Aussie market on the riseThat’s why the market has put in a strong rally recently. It sees a decent economy and a central bank on hold. It’s the classic goldilocks combination that the market loves. Which is why I think you’ll be seeing new highs in 2018.
Why Blockchains Will Eat the World
blockchains spaceJust like the railways revolutionised the movement of people and goods, blockchain will revolutionise the movement of data. Until now, any transfer of value required a middle man. This one simple change — cutting out the middle man — opens up possibilities no one thought possible.
ASX Breakout!
ASX 200 bullish marketWhen capital flows into small stocks in such a convincing way, it tells you that something is going on. You shouldn’t ignore it. The next challenge for the ASX 200 is to breach 6,000 points.