Combining Information Technology into Healthcare
The COVID 19 Pandemic shoved the ASX Healthcare Sector out of its customary position over the last few years at or near the top performing sector list for the year. Information Technology wildly outperformed the Healthcare Sector, with a year over year return of +57.8% versus Healthcare’s 2020 performance of +4.1%. Many healthcare stocks were…
The justification of Tesla’s share price
Elon Musk is now the world’s richest person, edging out previous title holder Amazon’s Jeff Bezos. His rocketing fortune is due to the booming share price of Tesla, the maker of electric vehicles and clean energy technologies. In the past week Tesla’s share price surpassed US$880, ten times its March 2020 low of US$85, giving…
The pivotal fight between China and the US is over the microchip
The campaign for dominance in semiconductors could hurt both countries. Japan’s Kioxia Holdings, which in the early 1980s invented flash memory computer chips, was set for one of the country’s biggest initial public offers for 2020. In September, however, the semiconductor maker reduced the asking price of its offer by 25%. Days later, the company…
Investing in high-voltage transmission lines
When, in the midst of the pandemic, the Economic Society of Australia invited 150 of Australia’s keenest young thinkers to come up with “brief, specific and actionable” proposals to improve the economy, amid scores of ideas about improving job matching, changing the tax system, providing non-repayable loans to businesses and accelerating telehealth, two proposals stood…
Climate financing moves into the mainstream
Green finance is a rapidly growing market. Almost US$400 billion of green, sustainability and social bonds were issued in 2019. The great majority were certified green bonds – and sales were up by 53 per cent. Almost US$31 trillion of funds worldwide (encompassing a range of asset types) were held in sustainable or green investments…
Junior Iron Ore Miners Ramping Up
Remember the death of the mining boom? A few days ago in an interview with news.com.au, a Deloitte economist made the following observation: “Iron ore prices are close to the peak prices we saw during the mining boom, which is remarkable considering economic conditions and the fact that China’s economy is not as strong as…
Negative interest rates explained
A week ahead of Thursday’s budget update, it finally happened. Instead of the government paying to borrow in a way that would add to the burden on the budget (as has happened since time immemorial) it actually got paid to borrow. Think about that. Investors with millions of dollars to lend went to the Australian…
ASX Uranium Stocks to Watch
On 11 March of 2011, an earthquake and subsequent tsunami struck Japan with the Fukushima nuclear power generation plant in its wake. The damage caused by the event led to the worst global nuclear accident since the disaster at Chernobyl in 1986. The incident also dashed the hopes for expanded use of nuclear power in…
Bitcoin: 3 reasons why this rebound is different
Bitcoin is back. Three years after the bubble that inflated its value from US$5,000 to US$20,000 in less than three months burst in spectacular fashion, plunging more than 80%, the cryptocurrency is again on the verge of a record high. In recent days it has been trading above US$19,000, up from US$10,000 in October and…
Healthcare Stocks on the Top 30 Short List
Vaccine euphoria propelled the US DJIA (Dow Jones Industrial Average) to an all-time high, exceeding 30,000 points before the cold reality of the breath and depth of the spread of COVID 19 in that country doused the rally with icy water. Added to the mix leading to the pause was the second straight week of…
