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Marcus Take

Record highs in the US as they wait for the Fed tonight. RBA dovish – bond yields and Aussie dollar dip. Nvidia messaging – data centre spend growing at 25% pa. Why Banks are at their highs. Because they are big not great. Some brokers buying Resources after the fall. The Copper and Nickel trade. Where to park cash. Nothing for nothing. The best income idea at the moment.

Marcus Take Tuesday – RBA today – cuts are coming, but not today

Bond yields rise again. Big Tech yet to crack. Big week of Central Bank meetings. RBA and BoJ today. Chinese economic data better than expected. Iron ore up 4%.
Macquarie target price on FMG 42% below the current share price. The difference between forecasts and backcasts. The truth about broker research in the resources sector. AI smarter than humans within a year (depending on which human you compare it to). Elon Musk on prescription ketamine – obviously works.

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