CommSec Daily Report Thursday
Latest newsAustralian shares are off to a rough start, with the ASX 200 slipping by 0.5 per cent and falling back below 6000pts after closing above the key psychological barrier yesterday. News of a Royal Commission into the financial services industry this morning is pushing the banks down by as much as 2 per cent,…
Meet The World’s Most Powerful Bitcoin Backers
Cryptocurrency may be one of the biggest threats to governments, security and the entire financial system that we’ve ever seen. It can help fund terrorism and its anonymity makes it almost impossible to track. Most importantly, it is poised to revolutionize global finance and banking. But our new Enemy No. 1 can’t be fought; it…
Nearly 175 mn US shoppers hit stores over holiday
The 2017 US holiday shopping season remains on track to produce solid growth after more than half the US population made purchases over the Thanksgiving weekend, the National Retail Federation said Tuesday.NRF officials cited strong US economic data, good weather and an enterprising approach by retailers to discounting both in store and online as factors…
CommSec Daily Report Tuesday
Latest newsThe Australian market is off to a firmer start, with the ASX 200 lifting by 0.14 per cent, rising back above 6000pts earlier and remaining near two-week highs. It will be important to see if the index can close above 6000pts as it failed to do so yesterday due to fading enthusiasm in the…
Telstra shares sink on NBN rollout delay
Telstra shares have sunk after NBN Co said it will temporarily suspend the national broadband network rollout so it can work on improving the quality of the service. The company tasked with building the NBN says it will suspend the rollout of the hybrid coaxial-fibre (HFC) network for six to nine months, from December 11,…
CommSec Daily Report Monday
Latest newsAustralian shares are off to a better start, with the ASX 200 lifting by 0.3 per cent and breaking through 6000pts for the first time in a fortnight. This places the market within striking distance of a near 10-year high and follows largely directionless trade last week due to holiday in the US.Almost all…
Why invest in utilities?
Regulated utilities are known for their ability to generate moderate but predictable returns regardless of market conditions. For this reason, we often describe utility stocks as the ‘lead in the keel’ of our infrastructure portfolios. They allow us to navigate shifts in global equity markets with confidence as we seek to deliver annualised returns of…
Australia’s Economy is a House of Cards: Part One
Australia’s Economy is a House of Cards: Part 1 of 2 By Matt Barrie & Craig Tindale I recently watched the federal treasurer, Scott Morrison, proudly proclaim that Australia was in “surprisingly good shape”. Indeed, Australia has just snatched the world record from the Netherlands, achieving its 104th quarter of growth without a recession, making…
Australia’s Economy is a House of Cards: Part Three
Australia’s Economy is a House of Cards: Part 3 of 4 So why are governments so keen to inflate housing prices? The government loves Australians buying up houses, particularly new apartments, because in the short term it stimulates growth – in fact it’s the only thing really stimulating GDP growth. Australia has around $2 trillion…
10 Tips for Succesful investing
To be a successful investor over the long term, we believe it is critical to understand, and hopefully overcome, common human cognitive or psychological biases that often lead to poor decisions and investment mistakes. Cognitive biases are ‘hard wired’ and we are all liable to take shortcuts, oversimplify complex decisions and be overconfident in our…
