Pacific Perspectives
Ray Dalio warns the stock market’s cushion against rising bond yields is shrinking
Billionaire investor Ray Dalio warned on Thursday that stocks face mounting pressure from rising bond yields and the prospect of weaker corporate cash flows, even as earnings continue to grow. The Bridgewater Associates founder told…
Why Australia’s inflation shock may be creating its own cure
The market’s inflation fears are understandable, but the more important question is how the economy responds. The debate has shifted quickly. Earlier this year investors were focused on the timing of future interest rate cuts.…
Why global investors shunned the Firmus fable
Ed Zitron might be the biggest artificial intelligence sceptic on the planet. So it’s no surprise he’s been relishing the farce that’s engulfed the float of Australian neocloud data centre operator Firmus Grid. “Firmus on…
ASX to shrug off bond jitters, buoyed by US earnings momentum
The Australian sharemarket is set for a positive start to the week as expectations of a strong corporate earnings season on Wall Street lift sentiment, even as anxious investors watch for signs that severe bond…
Dow rises 400 points on Friday as Wall Street scores winning week: Live updates
Stocks rose on Friday, supported by the tech sector, as traders look to rebound from a volatile week of elevated Treasury yields and oil prices as well as declines in the artificial intelligence trade. The…
Stocks making the biggest moves midday: Chipotle, Starbucks, Skydance, Marathon Petroleum & more
Here are some of the companies making headlines in midday trading. Energy stocks – Oil prices jumped after Iran ramped up its attacks on tankers transiting the Strait of Hormuz. Marathon Petroleum and APA were…
Telstra sues former executive over jump to rival Vocus
Telstra has gone to court to block a former senior executive from participating in any product development related to security and managed services for rival telecommunications provider Vocus. The telco started the legal action against…
Paradice says ‘bloody tough’ market will kill Australian fundies
David Paradice, one of the country’s most respected investors, says he expects more Australian money managers will be forced to close after a long stretch of bad performance pushes clients toward cheaper index-trackers, and as…
ASX to edge up, oil spikes higher
Australian shares are set to open modestly higher after tech shares dropped on Wall Street overnight. The fall came in part because of a report that OpenAI is struggling to generate revenue, leading the Nasdaq…
The IRS is paying closer attention to funds that aim to slash taxes. What could be next for investors
The IRS and Treasury Department have fired a warning shot concerning two exchange-traded fund strategies that can sharply cut wealthy investors’ tax liabilities – and those individuals should prepare to back up their reasoning for…