Central Banks
Central Banks
What Happened to NAB’s Share Price This Morning?
NAB's share price rise

National Australia Bank Limited [ASX:NAB] dropped today by 1.27% ($0.35). As expected, due to the ongoing investigations conducted through the Royal Banking Commission, NAB has experienced a high level of volatility within the last 12 months. Stories of bad behaviour seem to be everywhere we turn.

How Do You Feel About Tax Cuts?
Australian tax cuts

Prime Minister Malcolm Turnbull may be one step closer to passing corporate tax cuts. This comes after One Nation’s Senator, Pauline Hanson, backflipped and announced she would back the company tax plan. Ms Hanson struck a deal with the Turnbull government. But what does this tax cut plan mean for Aussie businesses and workers?

How Far Do You Trust the Fed?
US Federal Reserve logo on note

It was a truly nightmare week on the markets. If you trust the US Fed to be able to smoothly unwind its emergency low-interest rate policy without crashing a market bloated on low rate-driven investment, then you probably aren’t worried. If you don’t have that much faith in the Fed, you might see them as having painted themselves into a corner.

Markets Set to Fall 50% By 2019
markets falling by 50% in 2019

Central banks are the powerful beating heart of this system. They’re both the market makers and the price setters when they want to be. It’s a case of free market, what free market? Make no mistake, this is big government with big influence. If markets don’t slow down or correct by the end of 2018, the 2019 crash could be far worse.

Central Banks Still Behind the Curve
Central banks still behind the curve, market

Right now, pass the cash parcel is in full swing, and central banks are only very timidly trying to reduce the size of the parcel. That’s basically why you’ve seen the US stock market rise unimpeded for the past two years. Central banks are behind the curve. There is too much cash in the system given the positive investor psychology that is unfolding.