Pacific Perspectives
Super funds ‘stomach the volatility’ until equities rebound
Hostplus CIO Sam Sicilia is preparing for a sharp bounce in equity markets, while AustralianSuper’s Mark Delaney hasn’t touched his portfolio. Australia’s largest investors have resisted the temptation to flee into safer assets such as…
S&P 500 ekes out a gain Tuesday to post third winning session: Live updates
The S&P 500 posted a slim gain on Tuesday as investors built on the previous session’s gains, which were largely sparked by hopes of U.S. tariffs being narrower in scope. The broad market index added 0.16% to…
Stocks making the biggest moves midday: Tesla, AZEK, Visa, Boeing and more
Check out the companies making headlines in midday trading: Tesla — The electric vehicle maker popped nearly 12%, making it the top performer in the S&P 500. The megacap tech stock and retail investor favorite is…
Australian investors may have made a big mistake
While the ASX has followed Wall Street lower, there are important differences between the two markets that investors have been too ready to overlook. Everyone likes to be in with the cool crowd, so it’s…
UBS says the market is too pessimistic about Fortescue after 11pc fall
The surprising resilience in iron ore prices despite an uncertain outlook for the key steelmaking ingredient has brokers at UBS reconsidering their outlook for Fortescue, one of the country’s largest producers. In a note to…
These are the four big roadblocks to a proper ASX bounce back
Strategists at Morgan Stanley are warning there are a number of big risks to a market rebound after recession fears in the United States triggered a major slide in global shares, sending the ASX to…
The probability of a recession is approaching 50%, Deutsche markets survey finds
Chances that the U.S. is heading for a recession are close to 50-50, according to a Deutsche Bank survey that raises more questions about the direction of the U.S. economy. The probability of a downturn…
It’s time to buy when markets reach ‘peak uncertainty.’ Are we there yet?
Every investor knows, or should, that the moment of maximum uncertainty is a time to buy. The only trick, then, is discerning when we’ve reached peak uncertainty. The stifling lack of clarity about the breadth…
Hacker claims Oracle breach, sending business and agencies scrambling
A rollcall of Australia’s biggest companies and government departments scrambled on Sunday to check the security of their technology systems, after a hacker claimed to have stolen important credentials by breaching cloud computing provider Oracle.…
ASX to slip before budget, US tariffs jitters
The Australian sharemarket will open weaker on Monday as investors brace for the federal budget and more uncertainty about US President Donald Trump’s tariff agenda. The S&P/ASX 200 futures indicate the index will decline 41…