Can President Trump flout the law with the flourish of a Twitter finger? Legally, the President shouldn’t be able to do a thing. Who knows though, he appears to do whatever he wants, with little regard for the consequences. At least China’s President Xi is an out-and-out dictator.
The Aussie market is ever so close to creeping back above its high this year. In early February, you saw markets all over the world slip thanks to spiking bond yield. Since, we’ve seen escalating privacy concerns, a trade spat and central bankers change their sentiment. It’s all aided volatility.
On Friday we saw Labor leader Bill Shorten’s response to the government’s tax cuts, with their own proposed tax cuts focused on low to middle income earners. Labor’s cuts would mean that those earning between $37,000 and $90,000, would receive double the tax cut proposed by the coalition government in this year’s federal budget.
REA Group Ltd [ASX:REA] is a multinational digital advertising business specialising in property. Founded in 1995, REA operates the residential and commercial property websites, realestate.com.au and realcommercial.com.au. REA’s share price is up 5.26% for the day.
One of the best things about system trading is back-testing. This is where you use historical data to ‘road test’ a strategy. You can learn more in one afternoon than in a year of live trading. But it must be done properly…
Saturday, was a big day for investors all over the world. It marked another Berkshire Hathaway Annual General Meeting (AGM). Thousands of Berkshire shareholders flooded into the CenturyLink Centre just to see two old guys talk — Warren Buffett and Charlie Munger.
After Facebook’s recent controversies with privacy and data harvesting and founder Mark Zuckerberg facing questioning by the US Congress, Facebook [NYSE:FB] has been in hardship. However, the huge social media platform has managed to come out the other end, as its shares have risen since the drama. Today its shares grew by 2.09%.
Imagine that. A $51 billion household name bankrupt within a year and a half. It would be one of the biggest corporate failures in history if it did fail. It would also bring the cult-like following of Tesla owners to their knees. Many people continue to believe it’s impossible.
If you’re caught up wondering/hoping how much you’re going to get from the budget, you’re on the path to putting security over freedom. Because when you want the government to provide for you, it’s pretty much all over.
Buffett continues to bet on America. But his most recent purchases have nothing to do with railroads. Many believe, based on Buffett’s recent purchase, Apple is quickly heading for a trillion dollar market cap. However America isn’t the only place to find wonderful businesses. China has a group of their own — companies that take little cash and produce a whole lot of earnings.