“The markets haven’t been very good lately,” the investor said with some concern. “Should we be doing something?” Markets were off their highs. Trump was being Trump. August had been one of those months. Off nearly 5% in a week. Sideways for the next three. A slight upward burst at the end, but the media […]
Trust comes naturally to some professions. Take a survey from any country and there will inevitably be a consistent top three in the trusted category: nurses, firefighters and doctors. It makes sense. At their core we have to trust these professions with our health and our safety. Doctors and nurses also provide guidance and comfort […]
A ‘3% plunge on the Dow Jones Index’ is ‘sparking fear that the US is on the verge of another recession as ‘more than than 60 billion of wealth was burnt’ on the Australian sharemarket. One analyst said there was ‘a plausible scenario in which the U.S. stock market now collapses by another 70%’ and […]
Economic Overview It was a quarter of all-time highs in Q2 2019 as both the US S&P 500 index and Australia’s ASX All Ordinaries achieved new highs, albeit with very different time frames between their past highs and their new highs. Most developed markets posted good returns during the quarter, despite some May declines. For […]
Over the weekend, the Australian Financial Review profiled one of the victims (story behind paywall) of the alleged Goldsky ponzi scheme, along with ASIC’s apparent lack of action in shutting Goldsky down before too many unsuspecting investors were drawn in. We briefly wrote about Goldsky last year, highlighting well known sportspeople had seemingly been duped […]