Saying that booms and busts as we know it are over, is like saying business as we know it is over. Cycles have underpinned macroeconomic theory since the days of Adam Smith himself. As long as credit exists, cycles will follow. Or at least they should…
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.
There are legitimate, tangible cost savings coming thanks to self-driving cars. The promise, the hype, it’s here and it’s real. Not talking about testing or pilot programs or prototype ‘cars’.
It’s early days still, a bit like March 2014. But if it keeps unfolding, it could be the profit story of 2020. The Ebola outbreak of 2014–16 demonstrated this perfectly. And public companies that had been working on Ebola treatments and cures went nuts.
This is actually China launching an economic nuclear warhead at the US — and the US still don’t see it coming. When China gets this going, it’s going to change the fabric of the global economy. It’s going to shake up political allegiances because China will swiftly have control and leverage over this new system.
Not only will there be cryptocurrency monetary systems outside of central bank control, but central banks themselves will rely on cryptocurrency to power their own currency. For example, the AFR reports the RBA has just completed a trial using a private Ethereum network to test a digital currency.
The smart fitness industry is a huge potential investing opportunity. It’s the kind of early-stage disruptive trend that can make you a fortune if you choose your picks wisely.
What if we let artificial intelligence (AI) call the shots? This isn’t as far-fetched an idea as you might first think. AI could be the most important exponential trend in the world right now. Both for you as an investor, and for you as a human.
It’s weird isn’t it? That in all the turmoil, financial markets have never been performing better. There’s an old stock market saying that says: markets climb a wall of worry. Which makes sense when you think about it.
See our local businesses, but especially retail, are also enduring hardship. The latest trade data posted on Thursday highlighted the ongoing conundrum. Record high exports to both the US and China has seen the surplus grow massively.