Hidden unemployment is perhaps the most serious issue Australia faces today. In our view, the reason it will get worse is because of the transition of jobs from man to machine.
The rally is just about done for iron ore stocks. After the near 6% surge in iron ore prices, the major producers barely saw a reaction in their share prices.
For now, the pressure is off the Aussie economy. That’s why the market is rising. Investor sentiment is improving, and this always increases stock prices.
I’ve given up on the great Australian dream. Like most Australians, I was raised to view home ownership as a rite of passage.
Money is not the root of all evil. The real root of all evil is debt. Debt is evil. But a necessary evil at that. In a perfect world no one would have debt.
Special guest Ivan Carrino, Economic Analyst for Inversor Global joins the Podcast to explain the similarities and differences between Australia and Argentina.
For the final half of 2016, US GDP growth improved. This of course happened on the back of US stock markets making new highs.
You know what Australia Day really is? It’s the country’s first example of fake news. And we’ve all bought into it. Today, the war on fake news begins.
Relative to the size of the economy, Australia’s household sector is one of the most indebted in the world. There’s a lot of moaning about government debt, but that’s not the problem.
Will 2017 be the year that Australia’s long, recession-free run finally comes to an end? This week’s Money Morning brings a grim warning from Jim Rickards.