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Chanticleer

Forget crystal balls, the best guide for markets is the morning news

The sharpest investors, most seasoned economists, and titans of industries are all staring into a void. Predictability is a relic of a forgotten era.

We shook up government, government shook up the institutions and now institutions and government are shaking up the results.

Copper tariffs, underwritten rare earths prices, sovereign investment, a shock Reserve Bank of Australia decision, a surprise merger clearance from the Australian Competition and Consumer Commission – we got it all this week. We (and the United States) asked for it, politicians are playing into it and investors have no choice but to wear it.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/forget-crystal-balls-the-best-guide-for-markets-is-the-morning-news-20250702-p5mc19