As the financial year comes to a close, it’s worth reflecting on what we have just experienced; not just in investment terms, but our health and community. COVID-19 will have long-lasting impacts on our lives and has resulted in one of the most unique investment environments in history. Markets experienced one of the fastest collapses…
In in a sign of how fragile this market recovery may be, global markets swung between gains and losses of 1% after White House Trade Adviser Peter Navarro initially suggested the trade deal with China was ‘over’. This was only to be retracted by President Trump minutes later via Twitter.
In in a sign of how fragile this market recovery may be, global markets swung between gains and losses of 1% after White House Trade Adviser Peter Navarro initially suggested the trade deal with China was ‘over’. This was only to be retracted by President Trump minutes later via Twitter.
Another day, another global technology rally sending markets higher. The S&P 500 and Dow Jones both improved 0.6% but it was the NASDAQ driving market returns improving 1.1% as both Adobe Inc. (NASDAQ:ADBE) and Amazon Inc. (NASDAQ:AMZN) hit new all-time highs.
Another day, another global technology rally sending markets higher. The S&P 500 and Dow Jones both improved 0.6% but it was the NASDAQ driving market returns improving 1.1% as both Adobe Inc. (NASDAQ:ADBE) and Amazon Inc. (NASDAQ:AMZN) hit new all-time highs.
The Altium (ASX: ALU) share price is down 7% in early trading after giving a business update. What is Altium? Altium is an Australian multinational software business that was founded in 1985. It now has offices globally in places like San Diego, New York, Boston, Munich, Shanghai, Tokyo and Sydney. Its software focuses on electronics design systems…
The sharemarket has factored-in an ugly FY20 reporting season, with consensus forecasts projecting a 15%-20% decline in company earnings for FY20, hammered by the Covid-19 pandemic and the resultant economic slowdown. And the consensus is not very optimistic for FY21, either, with flat expectations. Analysts are possibly a bit too pessimistic, says Hasan Tefvik, strategist…
AustralianSuper chief investment officer and deputy chief executive, Mark Delaney, says bonds provide a diversification benefit but not as much as in the past because now yields are so low. Speaking at a Bloomberg investment webinar last week, Delaney said: “We will be looking for other sources of diversification. Those might include unlisted assets, currency…
The Australian Taxation Office has announced it will take no prisoners in situations where applicants are found deliberately exploiting the early release super system. The tax office has already stopped applications and prevented super money from being released and reviews circumstances after an application has been processed. Members, who have lost their job or had…
This week we take a look at Wesfarmers who is a key beneficiary from the Work From Home trend during COVID-19 lockdowns. WES is a diversified conglomerate with operations across retail department stores, home improvement, office supplies, resources, chemicals, energy and industrial products. Primarily though, the company is a consumer-facing business due to its…
