Commonwealth Bank [ASX: CBA] shares closed at $73.17 yesterday afternoon, up from its opening price of $71.82. Commonwealth has had a bit of a bad run recently.
To be honest, most people are downplaying the vote. There’s a serious risk that we’ll see a referendum by year’s end. I believe Italy will hold a referendum to leave the Eurozone this year. You…
The country´s election last Sunday delivered a stalemate. The new Italian electoral law, Rosatellum Bis, rewards coalitions that achieve 40% of the votes. But none of the coalitions have the required 40% to govern.
Warren Buffett — one of the richest and most successful investors — invests according to his own rules. ‘Rule No.1: Never lose money. Rule No. 2: Don’t forget rule No. 1.’ When others are optimistic,…
Is selling half a good idea? Think about this for a moment. Your answer could have a big impact on your results. Many people like to sell half of a profitable trade. They say it’s better to bank some profit early than risk a lower price later. As the saying goes, ‘You never go broke … Read More
Maybe monetary policy isn’t the cure for sky-high stock prices. What’s the solution? Maybe the only cure for high stock valuations is…
Given the intent of fake news is ‘to mislead to gain financially or politically’, treating institutions with scepticism is essential to financial wellbeing.
You won’t be surprised to hear that Australia is well on its way to becoming a cashless society. But it might shock you to learn how far we’ve already come.
What’s the difference? If it looks like real money…and spends like real money…and saves like real money…isn’t it real enough? Glad you asked.
I’m a believer in big expectations. Setting your sights high can lead to spectacular outcomes. But, when it comes to the markets, be realistic.
The slightest withdrawal of the economic stimulant plunges an economy into depressive conditions. A very serious problem.
Economist Richard Duncan, who keeps a keen eye on the ‘creditization’ of the global economy, calculates that, without at least 2% credit growth, recession is unavoidable.
Look at Colorado. It’s emerging as the model template. Tax revenues from marijuana commerce exceed dollars from alcohol sales.
Beijing has recently launched a US$300 billion plan called ‘Made in China 2025’. It wants to become self-sufficient in a range of industries, notably semiconductors.