The US market ended its winning streak overnight, with the Dow Jones (IND:DJI) retreating 0.6%, the S&P 500 (IND:SPX) -0.4%, with the NASDAQ (NASDAQ:NDAQ) once again immune from any weakness, adding 0.1%.
CNBC reportedly coined the phrase ‘Kangaroo’ market today with commentators giving on predicting its direction. The term best describes the daily experience of investors as the market ‘bounces’ around.
CNBC reportedly coined the phrase ‘Kangaroo’ market today with commentators giving on predicting its direction. The term best describes the daily experience of investors as the market ‘bounces’ around.
Global asset manager State Street Corporation released a survey of institutional and sovereign wealth investment professionals last week. The report offered insights into a survey of 640 executives spanning defined benefit funds (33%), corporate pension plans (25%) insurance (32%) and sovereign wealth funds. The report was commissioned through data collection group CoreData and provided some…
Fed to the rescue The ASX 200 (ASX:XJO) caught up to Wall Street’s Friday falls, dropping another 2.2% and taking the losing streak to three consecutive days. The weakness was driven by a combination of cyclicals and the financial sector, with energy down another 3.4% along with consumer discretionary. Wesfarmers Ltd (ASX:WES) lead the sector…
Fed to the rescue The ASX 200 (ASX:XJO) caught up to Wall Street’s Friday falls, dropping another 2.2% and taking the losing streak to three consecutive days. The weakness was driven by a combination of cyclicals and the financial sector, with energy down another 3.4% along with consumer discretionary. Wesfarmers Ltd (ASX:WES) lead the sector…
As a sector on the stock exchange, agribusiness probably doesn’t get enough love from investors, being so reliant on the seasons. And with persistent drought across much of the country in recent years, it hasn’t been a great time for the nation’s farmers. The drought meant that only one-third of Australia’s usual summer crops were…
On the ASX, shares of Platinum Asset Management Ltd (ASX: PTM) and Telstra Corporation Ltd (ASX: TLS) are a popular dividend ‘stalwart’ that every income-focused investor knows and follows.
Australians need to rethink their approach to their investment portfolios as they face the grim reality of a slowdown in the growth of the economy. But opportunities lie ahead. Last week the Australian Bureau of Statistics (ABS) revealed that Australian Gross Domestic Product (GDP) fell 0.3 per cent in the March quarter of 2020, and…
Packaging company Orora Group is benefiting from the shift in Australians’ beverage consumption habits to more at-home drinking. Orora does the majority of its business in the beverage industry. Its strong position in beer and wine packaging both here and in the United States has attracted the attention of DNR Capital, which has added the…
