Author page: Jemima Padley

Marcus Take Wednesday – Big Tech doesn’t deliver

Touching but not testing record highs on the ASX 200. Big Tech results not impressing anyone so far. CPI number today – the risk is that a good number is bad.
Retail sales numbers yesterday flash recession warning. JP Morgan says downgrades coming for Food Retailers as inflation drops. Resources coming off the top.
Lithium stocks nailed overnight.

Marcus Weekend

Another good night on Wall St. Record high for the S&P 500. That’s two bounces on the trot. Big Tech leads for the second day. SPI Futures up 26 after a 75 point rally in the ASX 200 on Friday. The ASX 200 was down 1.03% last week despite the Friday bounce

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