When the stock market responds to strong economic news with falls, it’s not a bullish sign, folks. Why? Because it means the Fed will continue raising rates.
The odds suggest the bull market is probably ending in the US. And that means the Aussie market will struggle too.
The ASX 200 shed another 60-odd points on Tuesday, or 1% of its value. Is this another sign of global growth peaking? Probably.
I’ve been looking around for the next ‘big’ investment opportunity. Which is pretty hard when most developed markets are at all-time or multi year highs.
Just how much is political risk priced into stock markets right now? It’s an impossible question to answer. Things are about to get very interesting.
Will the bull market continue? Will this turn out to be the longest (and most improbable) bull market in history? Who knows…so let’s get the popcorn out.
Overnight, four tech titans — Apple, Facebook, Youtube (owned by Alphabet/Google) and Spotify — simultaneously banned Alex Jones’ Info Wars news channel.