The row between Justin Trudeau and Donald Trump, during the G7, angered Canadians. Some are even boycotting American products and cancelling their travel plans to the US.
Back in 2014, the European Central Bank (ECB) lowered interest rates close to zero. Real interest rates in savings accounts were negative. That is, if you kept money in the bank, you were losing money.
The Fed raised interest rates yesterday, as expected. The US interest rate is now higher than Australia’s, which is at 1.5%. And, as the economy heats up, the Fed may be looking at two more…
Two avocados for $4 dollars. Bargain! Want to hear about another Australian staple that is also looking at lower prices? Property.
As you probably heard, there were some tensions in the Group of 7 (G7) summit. Mainly between the US and Canada. What happened?
If you have ever sat in traffic you know that it’s a big waste of time, money and resources. Traffic is getting worse, especially in large cities. And, with population growing, it will only get…
According to the International Monetary Fund (IMF), there have been 147 banking crises since 1970. Many bank crises happen because of excessive lending and taking too many risks.
Last week, 14 African nations met in a forum in Harare, Zimbabwe. Members of the Macroeconomic and Financial Management Institute of Eastern and South Africa (MEFMI) generally agreed that they should be including the Chinese…
Having had so many years without a crisis has meant that Australia is one of the few countries in the world still able to offer a range of opportunities. But, there are worrying signs.
The US trade spat is starting to give us whiplash. Whenever we think there may be some progress…there isn’t. Sunday talks between China and the US have come and gone, again without a deal.
Bitcoin could very well not exist in 100 years…but, so what? Throughout history many currencies have gone bust. Some even in a relatively short period.
Markets tumbled yesterday on Italian fears. Today, they are in recovery. If you are not following the Italian election saga, you should.
You would be surprised how many people invest based on recent past performance, projecting the present into the future. Economists even have a name for it: extrapolation bias.
A slowdown on the property market could mean we see an end to the wealth effect. What’s the ‘wealth effect’?
This ‘Afterpay for real estate’ scheme is the latest initiative from sellers to try and breathe life into a deflating property market. Lenders and developers are getting creative with incentives as the property market slows…