Sticking with an Industry or Retail Super Fund
There is nothing wrong with an industry super fund or a large retail-managed super fund. But do you know your login?
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Marcus Take Friday – Europe has a problem but Big Tech doesn’t
Great PPI numbers. Good Jobless number. Bond yields drop again. Eyes on PCE Price index number on June 28. Big Tech carries on – Adobe up 16% after hours. Nvidia up 3.5%. Europe worrying about politics. Resources down again as the US dollar rises. Australian Iron ore producers trapped in China. Education Corner – The Thing That Waste Your Time – Part 3
Marcus Take Friday – Europe has a problem but Big Tech doesn’t
Great PPI numbers. Good Jobless number. Bond yields drop again. Eyes on PCE Price index number on June 28. Big Tech carries on – Adobe up 16% after hours. Nvidia up 3.5%. Europe worrying about politics. Resources down again as the US dollar rises. Australian Iron ore producers trapped in China. Education Corner – The Thing That Waste Your Time – Part 3
End of Day Report Thursday
The ASX 200 traded lower all day, closing down 86 points to 7171 (-1.2%). It was a sea of red today, with all 11 major sectors finishing lower. Miners weighed heavily on the market, with iron ore giants RIO and FMG losing 2.5% and 2.3% each. Energy stocks were mixed, STO and WDS down over 1%, while BPT…
End of Day Report Thursday
The ASX 200 traded lower all day, closing down 86 points to 7171 (-1.2%). It was a sea of red today, with all 11 major sectors finishing lower. Miners weighed heavily on the market, with iron ore giants RIO and FMG losing 2.5% and 2.3% each. Energy stocks were mixed, STO and WDS down over 1%, while BPT…
Only 7019 Days Left To Live
According to the “Death Sheet” I only have 7,019 days left to live, 168,456 hours ands just 1003 weekends.
Marcus Take Tuesday – Chinese Property Relief
US Closed. Futures down 19. Europe quiet. The China vibe is improving. Country Garden up 47% in 6 days. Hoping the Resources rally kicks on. The RBA today – Philip Lowe’s last – another reason not to do anything.
Marcus Monday
Quiet week – US closed tonight. Results season is over. Second-grade economic releases. Lots of ex-dividends. All eyes on the RBA – but there’s nothing to see. Phil Lowe’s last.
Marcus Weekend – Survived to Thrive
JOBS NUMBERS – Good enough – Not sure the jobs numbers are enough to confirm our best hopes, but they didn't kill them either. We have survived to thrive. US unemployment rate spikes to 3.8% highest since February 2022. Nonfarm payrolls increased 187,000 in August v 157,000 in July (significantly revised lower) and consensus of…