Stock Market News: Into the Future

Legal Advice will be done by computers with 100% accuracy instead of the human 70% accuracy. It’s already happening in the US with a company called IBM Watson. Don’t bother studying law. It will be for specialists only. Cancer will be diagnosed 4x more accurately by a nurse thanks to technology. At the moment the hospitals…

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Stock Market News: Royal Commission

I don’t need to rewrite all the Royal Commission recommendations for you, so I’ll take those as understood. That said there are a few interesting observations this morning: Bank executives with the wrong culture will be trying not to laugh at the recommendations. Some are calling it a waste of time. I think not (see…

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Stock Market News: What To Do In A Bear Market

As any broker can tell you. Volumes dwindle. Interest in the stock market (any market) gets progressively eroded if it doesn’t trend up. You need an uptrend to retain interest, an uptrend makes the stock market easy/popular/active. The longer the downtrend goes, the more the interest wanes. As the interest wanes the core function of…

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Stock Market News: Bill Shorten and Cash Refunds

Background: In March this year Bill Shorten pledged that should Labor win the upcoming election then from 1st July 2019 they will axe cash refunds for excess imputation credits paid to individuals and in superannuation funds. This would reverse the cash refund of imputation credits introduced by John Howard two decades ago. It would also…

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