You may recall an infamous group of renegade millennials that banded together earlier in the year through social media to create the world’s first ‘meme’ stock; GameStop Corp (NASDAQ:GME). Using the definition on the Balance website; a meme stock is “a stock that has seen an increase in volume not because of how well the…
The COVID-19 pandemic has been a defining event for everyone. It has impacted people’s livelihoods, social habits and finances in so many ways. In Australia, the pandemic has served as a wake-up call for people about how they manage their finances and how to prepare for their future. In a survey undertaken by the Financial…
As Australia gears-up to loosen restrictions, end lockdowns and reopen for business, the question many are asking is whether now is a good time to enter the market? Roger Montgomery, founder and CIO of Montgomery Investment Management, answers this in a short article titled, “Three reasons why I am still bullish on this market.” Despite…
Russell Investments has released its Q4 Global Market outlook research note, titled “Growing Pains.” It is appropriately titled, with the research team seeing a confluence of factors over-hanging the market placing negative pressure on investor confidence. These factors include the Delta variant, inflation and central bank tapering. While the post-Covid recovery is expected to resume,…
Having witnessed the strong growth in ETF issuers that joined the ASX during the first half of 2021, the team at Loomis Sayles has launched an active exchange-traded fund (ETF) version of its global equity fund for Australian investors, under the name of the Loomis Sayles Global Equity (ASX:LSGE). Using the three alpha drivers of…
The Afterpay-backed Touch Ventures (ASX:TVL) formally joined the ASX last week, raising $100 million at 40 cents a share. The new listing is backed by the Buy Now Pay Later platform, which has 24.3 per cent stake, originally 44 per cent. Shares listed at 40c and rose by 40 per cent to 74 cents before…
Last week, China sent a strong message to the cryptocurrency world. In an unprecedented move it banned all cryptocurrencies in the country, making it illegal to transact. The People’s Bank of China (PBOC) issued a warning saying, “virtual currency-related business activities are illegal financial activities.” The government has long seen Bitcoin and other forms of…
Investors seeking to generate above-average returns need to identify and capitalise on some of the trends occurring today that have the potential to become the megatrends of tomorrow. ETF Securities recently released a white paper outlining the megatrends that investors should watch in a post-COVID world. Prior to the pandemic, investors were capitalising on companies…
With the world transitioning to green renewable energy, so too are the energy and resources companies of Australia as they seek to meet the continuing shift in energy generation away from traditional fossil fuel sources. According to the RBA’s Renewable Energy Investment in Australia bulletin, “Significant coal-fired generation capacity will be retired over coming decades…
You will have heard of the term “Blockchain” being mentioned almost always when speaking about Bitcoin or cryptocurrency. The funny thing is; when you ask people “What is a blockchain? Besides being the underlying technology of Bitcoin,” they have no idea what a blockchain is. So, what is Blockchain? Before delving too deep into the…
