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This category contains 29 posts

12 May 2022 (The Age) – Crypto’s $2.2 trillion meltdown rings alarm bells

(12 May 2022, The Age, p25, Stephen Bartholomeusz, Senior business columnist) Crypto assets were supposed to behave quite differently to conventional investments. It turns out that they do. In a “risk-off” environment they perform far worse. The selling points for crypto assets used to be that they weren’t correlated to other assets classes and therefore … Continue reading

19 Feb 2022 (AFR) – History shows markets rebound after a crisis

(19 February 2022, AFR, p26) “The threat of a Russian invasion of Ukraine is a reminder to investors of how markets behave in a crisis – and what to expect if Russia does follow through. As tensions escalated between the two countries this week, investors fled risk assets, sending equity markets tumbling, and piled into … Continue reading

2 Feb 2022 (AFR) – Sink or swim: 2021 floats the fundies like

(2 Feb 2022, AFR, Tony Featherstone, contributor) I have commented previously about the wiseness of taking part in an IPO, or company float. My earlier research showed that about half the time, the stock and the investor’s funds were underwater for some months afterwards. My conclusion was that participating in an IPO is not a … Continue reading

29 Jan 2022 (AFR) – Seven lessons for investors

(29 January 2022, AFR, p29, Jonathan Shapiro) “Nice guys aren’t always good guys and there are a few lessons we can take to avoid being vulnerable to an adviser intent on profiting from, not for, you. For decades, the name of Dixon Advisory was trusted and respected when it came to advice about wealth, particularly … Continue reading

12 Jan 2022 (AFR) – Unified BHP to reshape ASX200 in one session

(12 January 2022, AFR) “The super-sizing of BHP within Australia’s flagship market indices will occur in a single trading session if the company’s structure is unified next week, despite index manager S&P Global conceding the change would create “material” turbulence on the local market. BHP’s weighting in the benchmark S&P/ASX200 index will rise to about … Continue reading

1 February 2021 – Changing the focus of my blog…

After running my “Aussie Business Barometer” blog for quite some time, it’s now time to tweak it somewhat and change the focus to be share market issues of interest to share market investors and traders. Including various tips, hints, and case studies of things to avoid. But we will definitely NOT host any “stock picks” … Continue reading

29 Oct 2019 (AFR) – Argentina’s Peronists sweep back into power as Macri is ousted

(29 October 2019, AFR, p10, Nioclas Misculin and Adam Jourdan) ‘Buenos Aires | Argentina’s Peronists swept back into power on Sunday (Monday AEDT), ousting conservative president Mauricio Macri in an election result that shifts Latin America’s No. 3 economy firmly back toward the left after it was battered by economic crisis. Peronist Alberto Fernandez had … Continue reading

28 Oct 2019 (AFR) – Victoria cements status as best performing economy

{COMMENT: Here is a sign of economic growth.] (28 October 2019, AFR, p4, Matthew Cranston, Economics correspondent) ‘Western Australia was the best performing economy for 12 quarters in a row during the mining investment boom, and NSW took the mantle from 2014 to mid last year. But now there is a new champion on the … Continue reading

12 Oct 2019 (AFR) – ASX snaps two-week losing streak on trade hopes

(12 October 2019, AFR, p33, Lucas Baird, Reporter) ”The Australian sharemarket staged a minor recovery over the past five trading days and advanced for the first week in three, correcting a wobbly start to October that saw it post the worst weekly loss since last November. The S&P/ASX 200 Index advanced 59.7 points, or 0.9 … Continue reading

4 Oct 2019 (TheAge) – Now Trump wants a tit-for-tat stoush with Europe, no wonder markets are fearful

(4 October 2019, The Age, Business, p21, Stephen Bartholomeusz) ‘Last year the US sharemarket imploded in the final quarter, primarily because the Federal Reserve was foreshadowing a series of interest rate hikes, but also because of the then-developing trade conflict with China. It’s happening again but this time the sell-off – the US sharemarket has … Continue reading

15 March 2019 (AFR) – Apartment buyers could face a 20pc fall in valuation in upcoming settlements

(15 March 2019, AFR, p34, Su-Lin Tan and Nick Lenaghan) ‘Buyers of off-the-plan apartments could be “out of the money” by as much as 20 per cent as settlement falls due in coming months, raising the risk of greater defaults, according to UBS analysts. The issue of settlement and apartment values has now become acute … Continue reading

27 Oct 2018 (AFR) – ASX: The ASX ends the week down almost 5pc

(27 October 2018, AFR, p33, by William McInnes) ‘The local sharemarket has closed the week lower after a global sell-off pushed Australian shares to their lowest level in 12 months. The S&P/ASX 200 index fell 274.3 points, or 4.6 per cent, to 5665.2 this week, as local shares entered a technical correction on Thursday. “The … Continue reading

12 Oct 2018 (AFR) – China stocks touch four-year low on trade, rates fears

(12 October 2018, AFR, p29, by Michael Smith) ‘Shanghai | China’s sharemarket fell more than 5 per cent on Thursday, hitting its lowest level in almost four years, after Wall Street’s sell-down overnight compounded growing concerns about rising interest rates and the impact of a trade war on the world’s second-biggest economy. The sell-off, one … Continue reading

27 Sept 2018 (AFR) – Emerging markets finding some favour with investors after sell-off

(27 September 2018, AFR, p33, by Sarah Turner) ‘Fund managers and strategists are taking cautious steps back into beaten-down developing markets, saying that prices have fallen far enough to tempt investors looking for a bargain. Emerging markets have had a horror year, with the MSCI Emerging Markets Index tumbling into bear market territory as the … Continue reading

16 Feb 2018 (AFR) – US 10-year bond yield exceeds Australia’s for the first time in 18 years

(16 February 2018, AFR, p31, by: Vesna Poljak, Sarah Turner) ‘A stronger inflationary pulse in the US economy and a slowing in the tempo of Australian jobs growth has turned the spread between Australian and US 10-year bond yields negative for the first time in 18 years. That means the US 10-year bond at 2.91 … Continue reading

25 June 2017 – Taking a break for a while

25 June 2017 – Taking a break.

20 Aug 2016 (AFR) – Housing profits defy apartment worries

(20 August 2016, AFR, p21, by: Robert Harley, Su-Lin Tan) ‘The major residential developers, Mirvac, Stockland and Lendlease, have defied concerns about housing to deliver record profits from the sector in 2016.’ Read more at (might need AFR login access, or try:

3 Mar 2016 (AFR) – Europe on cusp of new humanitarian crisis at Greece-Macedonia border

(3 March 2016, AFR, p16, by Stephanie Nebehay and Gabriela Baczynska) ‘The build-up of thousands of migrants and refugees on Greece’s northern borders is fast turning into a humanitarian disaster, the United Nations said on Tuesday as the European Union prepared to offer more financial aid. German Chancellor Angela Merkel said clashes at Greece’s border … Continue reading

17 Feb 2016 (AFR) – Fuel fall hits ex-Soviet producers – Russia gets a cold; ex-Soviet neighbours catch pneumonia

(17 February 2016, AFR, p12, by Olzhas Auyezov and Andrei Makhovsky) ‘…The collapse in world oil prices to 12-year lows has crippled the economy of Russia, which shrank last year by nearly 4 per cent, while its rouble currency has lost almost 60 per cent of its value against the dollar since mid-2014. The small … Continue reading

19 Sept 2015 (AFR) – US rates on hold on global turmoil

(19 September 2015, AFR, p12, by John Kehoe ) ‘Gyrating international financial markets and weakening economic activity in emerging market economies led by a cooling China deterred the US Federal Reserve from pulling the trigger on an historic interest rate rise. Fed chair Janet Yellen left short term rates languishing near zero despite a “robust” … Continue reading

26 Aug 2015 (AFR) – The big collapse in eight graphs – Mining and energy companies embrace the stackhat as commodities dive

[COMMENT: This news article includes eight commodity price charts related to the story.] (26 August 2015, AFR, p19, by Peter Ker ) ‘Miners don’t wear helmets just for safety while underground, they wear them for times like this. As if being the worst-performed sector of the year was not bad enough, mining and energy companies were … Continue reading

20 Mar 2015 (AFR) – Japan companies raise wages under pressure from Prime Minister

(20 March 2015, AFR, p31, by Jonathan Soble) ‘Japanese Prime Minister Shinzo Abe’s aggressive pressure on the corporate sector has produced the most substantial results so far, as some of Japan’s most prominent companies announced their biggest pay increases in years. They include Toyota and other giants from the car-making industry, as well as electronics … Continue reading

15 Jan 2015 (TheAge, SMH) – Shockwaves from copper fall – Copper joins commodity price plunge, World Bank tips lower global growth

(15 Jan 2015, The Age, BusinessDay, p20, Vesna Poljak, Greg Earl and Peter Ker, Sydney Morning Herald) ‘The price of copper plunged to a more than five-year low on Wednesday as the metal joins iron ore and oil as victims of the commodity price crash, drawn out by a fresh blow to global growth. The … Continue reading

12 Aug 2014 (TheAge, SMH) – Table tumble hurts JB Hi-Fi – lifts net profit by 10 per cent

(12 August 2014, The Age, BusinessDay, p21, Sue Mitchell) ‘JB Hi-Fi chief executive Richard Murray is hoping that sales of large-screen TVs, phablets and gaming consoles will offset a slump in tablets that threatens to cramp the retailer’s growth targets and make it harder to recoup higher costs in 2015. Mr Murray has blamed lacklustre … Continue reading

8 Aug 2014 (AFR) – Bank of America to pay record $17b fine for mortgage sins

(8 August 2014, AFR, p29, Danielle Douglas) ‘Bank of America, the second-largest bank in the United States, is close to reaching an agreement with the US Department of Justice to pay a whopping $US16 billion ($17.2 billion) to resolve allegations that it knowingly sold faulty mortgage securities that contributed to the financial crisis.’ Read more at … Continue reading

26 May 2014 (AFR) – BHP, Rio warn of more coal job losses

(26 May 2014, AFR, p1, Amanda Saunders) ‘Mining giants BHP Billiton and Rio Tinto have warned the combination of high costs, high taxes and the strong Australian dollar has put a “vice-like grip” on the $60 billion coal industry that will force further mine closures and job losses this year. About 12,000 jobs have been … Continue reading

31 Oct 2013 (AFR) – ASIC hit by deluge of criticism – ‘Glass jaw’: corporate Australia’s stinging rebuke to ASIC

[COMMENT: The all-powerful watchdog…. has some flaws?] (31 Oct 2013, AFR, p3, Patrick Durkin) ‘The corporate regulator has isolated itself from business, developed a “glass jaw” to criticism and unfairly shifts blame to others, leading directors, senior executives and industry bodies say. More than 200 groups and individuals have deluged a Senate inquiry with concerns, … Continue reading

9 Oct 2013 (TheAge) – Confidence return sparks buying mood

(9 Oct 2013, The Age, BusinessDay, p27, Simon Johanson) ‘Private money is gearing up to buy property as low interest rates stimulate investors and business confidence improves, banking and property experts say.’ ‘Business confidence rose in September to its highest level since March 2010 following the federal election, the latest NAB monthly business survey shows. … Continue reading

Stock Chat posts

This “Stock Chat” Category is a facility to enter comments etc about specific Aussie stocks. Please feel free to enter relevant comments (blog entries) under this category. Please, nothing else in this category – just Australian stocks. If you want to post something else, we can create another category.