A day on Bond Market Relief. Does one good day does not bottom the market? Is that the top of the oil price? Maybe. Is that the top for inflation? Possibly.
Is that the bottom for the Equity market? Unlikely. Still in cash.
ASX 200 shrugged off early indifference to push off the 6900 level to close at…
Markets down in the US overnight as economic data fuels rate concerns amid political turmoil…
SUMMARY Sold down LRS yesterday at 29c. Nothing done in KAR (yet). Gina goes shopping…
STRATEGY SUMMARY Getting a mildly precipitous tingle. Advice on doing something clever. Advice on catching…
ASX 200 fell another 53 points to 6890 (0.8%), an 11-month low with banks and…
The blue-chip average is down around 470 points, or 1.4%, on Tuesday. The Dow last performed worse on March 22, when the index slid 530 points or 1.6%.
The S&P 500 slid 1.37%, touching its lowest level since June during the session and closing at 4,229.45. The tech-heavy Nasdaq dropped 1.87% to end at 13,059.47 as growth stocks saw some of the biggest losses.
Welcome to our latest podcast with John Abernethy the Chairman on the Clime Investment Management Group
John is a seasoned Economist and long-time Value Investor with forty years of experience in Funds Management and the stock market. In this podcast John talks to Marcus about a host of subjects, including ‘Higher for Longer’, can we ever get back to a 10% risk free rate of return, AI, the Housing Market, Lithium, Consumer sectors, Resources, plus his World Cup prediction, Work from Home opinion and a few long term stock tips for good measure. Enjoy!
Stand Aside – The trend is set, the herd is in motion, no point getting in the way.
ASX 200 fell another 53 points to 6890 (0.8%), an 11-month low with banks and industrials in the firing line today. The Big Bank Basket dropped to $172.06 (-1.6%), with CBA down 1.6% and MQG falling 2.1%.