Pacific Perspectives
ASX publishing outage leads to market chaos and investor angst
An embarrassing failure of the ASX’s publishing system left several stocks unable to trade for much of the day and the embattled sharemarket operator scrambling to identify and fix the cause of the hours-long outage.…
Dow falls 400 points, snaps 5-day win streak as crypto slide dents sentiment
Stocks fell on Monday, following cryptocurrencies lower, as volatility continued into December’s trading month. The S&P 500 lost 0.53% to end at 6,812.63, while Nasdaq Composite shed 0.38% to finish at 23,275.92. The Dow Jones Industrial Average pulled back by 427.09…
Global week ahead: The start of a Santa Rally or more ‘bah humbug’?
And just like that… December is upon us. It’s been a volatile handover from November with U.S. major indices underperforming, dragged down by steep declines for the Nasdaq. Europe’s Stoxx 600 managed to hold onto…
Here’s what 2026 holds for your super returns
We should be celebrating another spectacular year in financial markets, but it’s all taken place against the backdrop of stalling productivity. As we enter the twilight of 2025 we should be celebrating another spectacular year…
Has the RBA cut interest rates too hard and too fast?
n February 18 this year, I happened to bump into a former Reserve Bank of Australia governor on the street in Sydney. This wasn’t just any other morning. The financial markets were betting and Treasurer…
ASX set to edge up before key GDP data
A solid gross domestic product figure this week is set to further complicate the Reserve Bank’s challenge of curbing high inflation, with investors already ramping up bets that the next interest rate move will be…
December will begin with investors owning little stock. Is a year-end rally at play?
Wall Street thinks you don’t own enough stock. Not “you,” specifically, but investors as a collective are viewed as too lightly exposed to equities given the S&P 500 is three years into a bull market and is…
‘Green light’ away from AI trade: Two ETF executives see a key market shift underway
A key rotation away from artificial intelligence stocks may be underway in the market. According to Astoria Portfolio Advisors’ John Davi, a broader range of stocks are getting a “green light” because liquidity is returning to the…
The stunning market backflip that could spark a Santa rally
Another green night on Wall Street, more gains on global markets, and a sigh of relief from investors after last week’s ugly sell-off. Those artificial intelligence doubts are still very much front of minds, but…
Industry super funds are outspending retail rivals on marketing
Australia’s largest industry super funds are spending up to five times more on sponsorship and marketing than similar-sized retail rivals, despite persistent warnings from regulators that they are forking out millions of dollars without any…