Tax cuts, rising inflation, a weaker US dollar, strong economic growth…these are all reasons for the markets’ strong rally right now. While you’d have to think nearly all of these positives are priced in, the market just keeps marching higher. Prices have recently gone vertical. That’s not sustainable.
One person’s debt is another’s asset. If you have part of your portfolio invested in government bonds or fixed interest, you hold someone else’s debt.
A privilege…a special tax break…a rule…a prohibition…a piece of meat here, a piece of meat there…and soon the foxes are eating high on the hog.
Italy wants to bail out BMP with taxpayer money. That’s the standard playbook which governments used in 2008. But the rules have changed.
A lot of yield-based dividend stocks have sold off over the last couple of months in anticipation of a cycle of rate rises.
The Dow and S&P 500 both finished up more than 1% overnight. Gold gave back all its gains and finished the session at around US$1,270 an ounce.
The biggest one-day panic in Wall Street history occurred in 1987. The Asian Crisis hit in 1997. The Global Financial Crisis got rolling in 2007, when mortgage lenders Northern Rock and New Century Financial collapsed. If you’re superstitious, that makes…
In today’s video update Kris looks at the Australian government’s first ever issue of a 30-year bond, and explains why the government is doing it…
Australia will launch its first ever 30-year bond. Now the government’s debt will officially put a burden on this generation’s grandchildren.
The NASDAQ has struggled to move beyond the 2000 high. It appears to be a significant point of resistance for the market.