The Australian sharemarket will open higher on Monday despite investors bracing for a wild week that could be pivotal for global growth, and the possibility of growth-sapping tariffs and growth-boosting stimulus. While futures on the S&P/ASX 200 point to a strong start – up 48 points or 0.6 per cent… Read More »ASX to rise but investors brace for wild week of tariffs and stimulus
Worrisome economic data, weak consumer sentiment and tariff fears contributed to a rocky ride for stocks in February, with the S&P 500 losing 1.4% during the month. Investors should pick stocks of companies that can withstand these short-term pressures and capture growth opportunities to deliver attractive returns over the long term. To… Read More »Top Wall Street analysts are upbeat on the long-term potential of these stocks
BEIJING — Chip giant Nvidia has flagged heightened competition from Huawei, despite U.S. restrictions on the Chinese telecommunications company. In an annual filing Wednesday, Nvidia listed Huawei among its current competitors, including it in the list for a second straight year. The company, blacklisted by the U.S. for national security reasons, did not feature… Read More »Nvidia warns of growing competition from China’s Huawei, despite U.S. sanctions
Santos boss Kevin Gallagher says he is not surprised by interest from outside suitors such as MidOcean Energy in his Barossa gas project, amid market speculation the US private equity firm is keen to elbow into the $5.8 billion Timor Sea venture. MidOcean, owned by EIG Partners, is known to… Read More »US giant MidOcean linked to Barossa gas stake interest
Endeavour, the hospitality giant behind a string of pubs and the Dan Murphy’s liquor shop chain, is poised to appoint Ari Mervis as executive chairman more than five months after its chief executive resigned. Multiple people briefed on the discussions about a successor to Steve Donohue said Mervis, appointed chairman… Read More »Mervis to take over as Endeavour executive chairman
Mineral Resources’ beleaguered founder and managing director Chris Ellison has been battling spot fires on all fronts and is now feeling the wrath of financial markets. This week, the miner became Australia’s most shorted stock as hedge funds heaped more pressure on the share price, which has collapsed 30 per… Read More »Three charts reveal how MinRes’ Ellison is feeling the market’s wrath
The S&P 500 fell during a volatile session, after President Donald Trump’s declaration that tariffs on Canada and Mexico would proceed as planned, as well as a negative reversal in bellwether stock Nvidia following earnings. The S&P 500 closed down 1.59% at 5,861.57. The broad market index remains in the red for the week… Read More »Stocks tumble, deepening February’s decline, as Trump affirms tariffs coming and Nvidia dives 8%
An ominous measure that the Federal Reserve considers a near surefire recession signal again has reared its head in the bond market. The 10-year Treasury yield passed below that of the 3-month note in trading Wednesday. In market lingo, that’s known as an “inverted yield curve,” and it’s had a… Read More »The Federal Reserve’s favorite recession indicator is flashing a danger sign again
The ability of superannuation fund members to switch strategies with a day’s notice means that the growth of private capital cannot outpace the larger public markets without creating a problematic liquidity mismatch. Liquidity refers to the ability to trade assets without friction. Shares in large companies are highly liquid, smaller… Read More »Super switching a handbrake for private asset domination
Australian investors are jumping on board the blistering rally in global war stocks, betting that a supercycle in defence spending could usher in a new era of market leadership that replaces Wall Street’s technology behemoths. It comes as the European Union scrambles to respond to Donald Trump’s determination to swiftly settle… Read More »War stocks rocket as markets prepare for ‘defence supercycle’