It’s OK to be wrong in the market. After all, we’re trying to predict the future here. But, it’s not OK to keep being wrong in the face of overwhelming evidence to the contrary.
Consumer price inflation for the June quarter, will be an important number for the market. It will give you an idea of when an interest rate rise is coming.
Owning and purchasing bitcoin is currently legal in Venezuela. Though, it’s unclear whether using bitcoin for foreign trade will always be allowed.
The beneficiaries of this asset price inflation have 'spent' money funding new technology...investing in new technology to find new ways of doing business.
The slightest withdrawal of the economic stimulant plunges an economy into depressive conditions. A very serious problem.
The other trend to consider when looking at secular bull and bear markets is the share price to earnings (PE) ratio.
Is the current market a bubble? Or will that line on the right-hand side keep soaring higher and higher? Booms always bust. Credit crises end badly.
The End of Australia, drills down to what the next big financial crisis will look like at ground level in this country. Remain cautious.
With the US interest rate hike that is due tomorrow. It’s all but guaranteed. With the rate hike locked in, the focus will be on the Fed’s statement.
There was no hint that strengthening demand in the Aussie economy might see the Reserve Bank of Australia raise interest rates soon.