Trends & Opportunities

The Gig Economy Faces a Crackdown

In 2004, Dynamex Operations West, a California-based courier company, suddenly reclassified its permanent full-time employees as independent contractors, depriving them of entitlements such as minimum wages, overtime, paid sick days and workers compensation. The reclassified drivers had to use their own vehicles and pay for all expenses including petrol, tolls and insurance to earn a…

Investor Signposts: Business and consumer confidence in focus

CommSec Chief Economist Craig James previews the economic & financial market events scheduled for the week ahead including the NAB business survey, Monthly consumer sentiment & China Inflation. Australia: Business and consumer confidence in focus • The wind-down to Christmas has begun. The highlight in the coming week is probably the latest business survey. •…

Future Shock – Predictions Come In Distinct Flavours

I don’t want to get bogged down in a theoretical argument about whether the next decade starts at the end of this month or in a year’s time. Technically, I suspect it’s 12 months hence, but I don’t expect that to stand in the way of a deluge of ‘the world in 2030’ prognostications between…

Agriculture Disruptors for a Watchlist

Many retail investors avoid staid old tried and true “blue chip” stocks in favor of stocks that excite them. High on the list of investments that get the blood pumping are the disruptors. The first entry into a sector with a business model that creates new ways of doing the sector’s business, challenging traditional norms…

Silver Miners’ 3rd Quarter 2019 Fundamentals

The silver miners are finally enjoying higher prevailing silver prices, a great boon for this sector. Silver surged this past summer after gold’s first new bull-market highs in several years rekindled enthusiasm for precious metals. The long-neglected silver stocks rallied strongly with their metal. Their recently-reported Q3’19 results reveal whether those gains are justified, and…

Investor Signposts 25 Nov. 19: Reserve Bank remains in focus

CommSec Chief Economist Craig James previews the economic & financial market events scheduled for the week ahead including a Speech by Reserve Bank Governor, Business investment & US Consumer confidence. Australia: Reserve Bank remains in focus • The Reserve Bank remains in focus in the coming week with key speeches from top officials. And investors…

Under the Radar IPOs

The global investing community eagerly awaits the launch of what could be the largest IPO ever issued – Saudi Arabia’s Aramco. Shares will not be available to ordinary retail investors, but that was standard practice for most IPOs until onmarket.com.au came along here in Australia, offering average retail investors the opportunity to bid on select…

Major Gold Miners Third Quarter Fundamentals

The major gold miners just enjoyed a phenomenal quarter for gold, which soared after its first bull-market breakout in years. Q3’19’s much-higher prevailing gold prices should’ve driven soaring earnings for the miners, due to their big inherent profits leverage to gold. So this just-completed Q3 earnings season is the most important for this sector in…

US policymakers learnt in 1937 that cutting stimulus can lead to a recession

At a ‘Fed Listens’ event held where the US central bank’s policy-setting board meets, Federal Reserve Chair Jerome Powell in October described how the room with “26-foot (eight-metre) ceilings, a monumental marble fireplace and a 1,000-pound (450-kilogram) brass and glass chandelier” had “seen a lot of history since Franklin Roosevelt dedicated this building in 1937”….

Investor Signposts 18 Nov. 19: Reserve Bank in focus

CommSec Senior Economist Ryan Felsman previews the economic & financial market events scheduled for the week ahead including the Reserve Bank Board meeting minutes, Skilled internet job vacancies & US Federal Reserve (FOMC) minutes. Australia: Reserve Bank in focus • In the absence of ‘top-shelf’ economic data releases, communication from Australia’s central bank takes centre…