It's an issue caused mainly by the end of "Quantative Peopleing":Just heard an expression I've not heard before. Dennis Shanahan has mention per capita recession, essentially where the economic figures do not represent the reality experienced by the population.
Dow Jones also down 1% and oil too. It is said oil is reacting to China, the largest oil importer, increasing EV uptake. I am now watching Woodside for further fall in SP. Low $23 on Monday? Interesting Australian Super Pty Ltd that became a substantial holder on 5 July (5.02%) issued notice it increased holding to 6.14% end August. If you prefer numbers they have 116,634,944 shares!110 point slide on the S&P500 overnight.
Watch that $1b go down the drain. We are going to compete with the world giant of manufacturing solar panels, really! Fantasy Land.The current economic situation has been clouded by record immigration. If you read Macro Business you will hear a bit more truth than the bs that our political folk are spruiking.
Many citizens are now facing a big downturn in their financial positions.
I do hope the dopey idea of Australia funding some new manufacturing gets blocked as that money would go down the drain.
Buckle your seat belts as the ASX will be heading lower on Monday.
There are a tonne of online brokers now. You can earn some QFF points with Superhero (and they have cheap brokerage). But they’re not CHESS sponsored and technically hold your shares on trust.I have been out of the market for a few years. Who are the best brokers these days ? Are there any FF points to go with trades ?
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Most of the major banks have a trading platform, which is either in-house or a branded version of a third party platform. They are all much of a muchness and a safe bet for just ASX-based trading.I have been out of the market for a few years. Who are the best brokers these days ? Are there any FF points to go with trades ?
Really depends on the time horizon?I have been out of the market for a few years
Sadly you have missed the best gains in a very long time.
The future is at best flat and fraught with risk for casual dabblers..caveat emptor...
The same could be said for any month in any year. The stock market is not the place for casual dabblers, ever.The future is at best flat and fraught with risk for casual dabblers
I have a older broker. If interested PM me.I have been out of the market for a few years. Who are the best brokers these days ? Are there any FF points to go with trades ?