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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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…
Marcus Take – Tech Bets Waiting On Jobs Numbers
Jobs numbers set to kill or fill our recent hopes for a peak on rates. End of the results season – Hooray. What an analyst goes through. Retirement Today – Timing the Market – A good game. US closed on Monday for the Labor Day holiday. Some dividends coming up include BHP, FMG, MIN. And BEN. Henry away for three weeks – the PRE-MARKET podcast has a dazzling new host (Me!).
Marcus Take – The Risk-on Rally is alive another day
SUMMARY The risk on rally is alive for another day. More weak economic numbers helping overnight. Inflation number tonight. Jobs numbers Friday. US closed Monday. Bought FANG, LNAS and BHP yesterday. Just a trade at this point. Hoping the rally is not just an end-of-month thing. Strategy Portfolio still in cash. Good CPI number yesterday…