Pacific Perspectives
Australia’s largest financial failure of 2024 that no one heard about
In the lead-up to Christmas our financial markets in Australia suffered a failure that almost went unnoticed. The failure concerned ASX Clearing & Settlement, which is the central clearing participant (CCP) for all Australian stock markets. It…
‘Excellent return’: How much your super is expected to grow this year
Superannuation funds are on track to deliver their best performance in three years as soaring equities at home and abroad push returns firmly into the double digits as 2024 draws to a close. US stocks…
The economic lookout for 2025 is strong, but there’s still a lot that could go wrong
With a fair share of familiar obstacles and challenges ahead, 2025 will begin with a largely optimistic view for the U.S. economy. Elevated interest rates, potential weakening in the labor market and a likely volatile…
Ten top fund managers reveal their long-term stock picks
Investors face a tricky backdrop as they head into 2025. Valuations are high in both Australia and the United States, the bull market is stretching into its third year, and the inauguration of Donald Trump…
ASX to forge ahead in rocky 2025 as bull market limps on
Brighter prospects for global growth and tamer inflation should lift Australian shares to record-breaking territory in 2025, but unlike the thunderous rallies of 2024, future gains will come with greater volatility. Equity strategists predict shares…
Dow falls more than 300 points Friday but breaks 3-week losing streak: Live updates
Stocks declined on Friday, led by technology names, but major indexes still posted a positive holiday week. The blue-chip Dow Jones Industrial Average shed 333.59 points, or 0.77%, to 42,992.21, falling for the first time in six…
Most investors think that President-elect Trump will boost markets and the economy, a CNBC survey found
As President-elect Donald Trump prepares for his second inauguration in January, a majority of investors are optimistic on his impact on the U.S. economy, according to the latest CNBC Delivering Alpha Stock Survey. In all, 71% participants…
Why investors should be cautiously optimistic about 2025
We began the year encouraging investors to lean into risk, and many of the positive market markers we saw at the onset of 2024 will continue as we head into 2025. Growth is slowing but…
ASX to rise after US stocks waver in thin post-Christmas trading
Shares wavered on Wall Street in afternoon trading on Thursday, as gains in tech companies and retailers helped temper losses elsewhere in the market. The S&P 500 was up less than 0.1 per cent after…
Iron ore faces ‘riot point’ in 2025 as Rio Tinto floods the market
Iron ore is tipped to trade below $US100 a tonne for most of next year as new supply from Rio Tinto’s long-awaited African project adds to giant stockpiles at Chinese ports, and US tariffs whack…