The lucky country

A WIN FOR AUSTRALIA You may have read that the AOFM (Australian Office of Financial Management) just pulled off the biggest bond issue in Australian corporate history. They just sold $19bn of November 2024 Government Bonds. The initial issue size was $13bn and they saw $53.5bn worth of bids at a coupon of 1.02%. There…

Are we back in a bubble?

The ASX 200 recovered a 101 point fall to close up 19 yesterday. An Australian win on a Government bond issue (see below) helped the turnaround. But we will be tested today. That's two days of the US market falling 2% a day. Corrections start fast. Momentum fading. This is the ASX 200 chart –…

Telling it as it is – ETFs

We have been working away behind they scenes on an exciting new education offering. This is one of the sections that will be in there that "Tells it as it is" about Exchange Traded Funds. All will be revealed in due course but if you would like to be the first to know then email…

A Rant

A RANT Got caught on the ABC Radio Adelaide this morning. They were talking about the boom in online broking accounts that CommSec are reporting and ASIC is warning about (being conservative is their job). Of course there’s been a boom, everyone’s looking for something to do in isolation plus we are in the middle…

It’s coming

I (Marcus) wrote on Saturday that “As the market floats in space, happy go lucky, we have to ponder where the gravitational pull is going to come from, the as yet unclear 2020 development that brings it back down to earth, because, as my accountant, a not unintelligent man, said to me last year, and…

Former head of the FOMC Paul Volker

We are on our own now

Paul Volcker was the Federal Reserve chairman before Greenspan. He was appointed by Jimmy Carter in 1979 and served as the US central bank’s chairman until 1987. Volcker was the man who, in an inflation obsessed era (the 1980’s), worked out that reacting to a rise in inflation didn’t work, and that central banks had to…

Stock Market News: Zoono Group (ZNO)

Zoono Group (ZNO) continues to soar as it today up another 25% after it announced an exclusive distributorship in Singapore for its technology to combat viruses and bacteria. One of the few winners from the Coronavirus outbreak. The company is awaiting German lab tests on its efficacy in fighting the virus. Since we recommended ZNO…

Are ETFs as safe as a padlock

How Safe Are ETF’s?

Henry Jennings I received an email this morning regarding ETFs. Everyone has heard of ETFs and many are suspicious of them. The question many ask is what happens in a market crash? How will ETFs perform and will they survive? Firstly, what is an ETF? At its core, it is an instrument that replicates the…