So with the Fed having spat in the pivot eggnog (see separate story), what are big global investors thinking about 2023? First up there’s a belief that inflation is falling and that China is re-opening and as a result big investors are turning less negative on the global growth outlook for next year. But China […]
Punditry prognostications for 2023 Read More »
Let’s take a look at where some of the major commodities sit in the grand scheme of things and consider some factors to keep an eye out for over the next 12 months. ………… In many ways, the World Gold Council (WGC) is right to say central banks will play a major role in the
Casting a final eye over the commodities space Read More »
Stocks dropped Friday, building on their year-end sell-off, as fears grow over a recession taking place as the Federal Reserve continues raising rates. Market observers are now focused on future jobs reports into 2023 , as the labour market has grown in significance following Federal Reserve Chair Jerome Powell’s most recent press conference. The Fed
Persistent wage inflation sparks fears of recession Read More »
It was more divot than pivot for the Wall Street hackers, who seem to have wildly misjudged the Federal Reserve’s course of action even as inflation continues to fall. In the spirit of the season, Santa Fed and chief elf Jay Powell have left coal, rather than gold, in the stockings for US investors. Wall
Little Xmas cheer for Wall St from the Federal Grinch Read More »
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, the coronavirus, economic activity trackers, major global economic events and Australia economic events. Investment markets and key developments Global share markets fell back again over the last week as key central banks were more
US markets fell lower over the weekend, with the Federal Reserve’s continual rising of interest rates adding to fears that a recession is coming. In the latest Twitter saga, Elon Musk has asked users to vote on whether he should step down or not, stating “I will abide by the results of the poll.” This
US recession fears: ASX down 0.2% at noon Read More »
BBX Minerals (ASX:BBX) has announced that there Bioleaching test work has continued to show excellent results, with the pilot plant testing to begin shortly. The goal of this investigative test work was to demonstrate how the Três Estados complex mineralisation responds to EcoBiome’s patent pending microbial technology. BBX’s Technical Manager Edmar Medeiros said: “After the
Stocks of the Hour: BBX Minerals, PolarX, Sezzle Read More »
The price of oil has opened higher to start the week after China has pledged to abandon their zero-COVID policy and the US has stated that it will begin replenishing its emergency oil stockpile, giving domestic crude producers access to drill more wells. BHP (ASX:BHP) closed 0.7 per cent higher, whilst Woodside Petroleum (ASX:WDS) closed
Oil advances whilst the ASX finishes lower: Aus shares down 0.21% Read More »
Stocks fell Monday as recession fears mounted and investors worried time is running out for a year-end rally. The Federal Reserve, European Central Bank and the Bank of England each pushed interest rates higher by ½ of 1 percent last week, a step down in the previous pace of increases. However, they stood firm on
Markets fall on recession fears as Musk votes himself out of Twitter Read More »
More focus on Warren Buffett after his Berkshire Hathaway revealed the second surprise sale of shares this week in China’s most successful electric vehicle company – the former battery maker BYD. The first sale, revealed last Tuesday raised eyebrows even though it was worth just $US47 million in a portfolio valued at more than $US300
Berkshire further lightens BYD Holding Read More »
