Pacific Perspectives
Australia central bank hikes rates to a near 1-year high as Iran war raises inflation risks
Source: https://www.cnbc.com/2026/03/17/australia-central-bank-interest-rates-rise.html
Beware ‘the mother of all short squeezes’ brewing on Wall Street
Hedge funds are sitting on their largest short book against US stocks since the 2022 bear market, setting the scene for an explosive rally in the world’s biggest sharemarket if there is a sudden de-escalation…
Tesla to buy $4.3 billion of LG Energy battery cells from disbanded GM plant
Source: https://www.cnbc.com/2026/03/17/tesla-to-buy-4-point-3-billion-lg-energy-battery-cells-made-in-michigan.html
The biggest oil risk is at the bottom of the barrel
In the oil industry, fuel oil is known as the bottom of the barrel. It’s typically cheap, unloved and, crucially, comes from the bottom of a petroleum-distillation tower – the tall piece of refining kit…
War sends investors fleeing from Wall Street onto the ASX
As the war in the Middle East rages into a third week, investors are yanking money from Wall Street and selling out of US exchange-traded funds as they look to Australia, Europe and Asia for…
RBA set to pull the rates trigger while others hold firm
The Reserve Bank of Australia is set to be the stand-out in a busy week for central banks, with the market and economists all but pricing in a second interest rate rise to try to…
He manages the best-performing stock mutual fund of the past 25 years—here’s his top advice for investors
In investing, past performance is no guarantee of future results. But if you’re hoping to grow your money over the long term, there’s plenty to learn from investing pros who have built lengthy and impressive…
Berkshire Hathaway will start repurchasing its own shares—what buybacks mean for investors
Greg Abel, the new CEO of Berkshire Hathaway, announced on March 5 on CNBC’s “Squawk Box” that the company would start repurchasing shares of its own stock. For Berkshire, this is a relative rarity — the company…
Do you own the asset that beat the US market by 15pc in 2025?
In the shadow of last year’s metals boom another asset was quietly outperforming – and it looks set to continue in 2026. he last time emerging market equities roared, reality TV was in its infancy…
S&P 500 falls, crude rises as Middle East war rages on
After having rallied at the open, the S&P 500 reversed direction and closed down as the US and Israel separately said they were intensifying their attacks on Iran, denting hopes for a de-escalation. Brent Crude…