Despite a plethora of good news about our economy, there’s a truckload of experts who want to talk down 2023 and US data out tonight is crucial to determine which direction we head.
Despite a plethora of good news about our economy, there’s a truckload of experts who want to talk down 2023 and US data out tonight is crucial to determine which direction we head.
How much money in super do I need to ensure I can support myself when I retire?
The world economy and the US are looking more likely to slip into recession so what about Australia?
Share markets had a bounce in the last week from very oversold levels and lots of negative investor sentiment after falling back to around their June lows.
If the economic data remains stubbornly high, stocks will sink like a stone and we’ll be dancing in the dark waiting for better data to turn around sentiment and share prices.
A turnaround in sentiment was sparked by the RBA’s announcement of a 0.25% interest rate rise on Tuesday
The Bank of England’s intervention by buying bonds (i.e., restarting QE) has helped calm things. Unfortunately, the return to QE may just add to inflationary pressures if it has to be sustained for long.
Dr Phil Lowe has a Bud Fox moment ahead on Tuesday when he and his Board decide whether to slug us another 0.5% on our home loans.
The choppy ride in markets continues unabated, with the ASX200 losing more than 9% over the last month, but gaining over 1.4% on Thursday.
Anyone hoping the current stock market sell-off will end soon should be warned that this volatility with a downside inclination could be here for a couple of months.
With stock and house prices falling, why is the RBA worrying about a rival for bitcoin?
Share markets fell sharply again over the last week in response to another round of hawkish rate hikes pushing up bond yields and adding to recession fears.
Fill in the form below to subscribe to Switzer Daily and get our latest articles, videos and podcasts sent straight to your inbox