The Fed’s done, even if it doesn’t know it
Rate hikes in the US are done. But don’t count on the RBA to make the right decision here next week.
Rate hikes in the US are done. But don’t count on the RBA to make the right decision here next week.
There are liars, damned liars, and statistics. Then there are economists utterly unable to analyse those ‘statistics’.
Jim Chalmers seeks to set himself up as one of the great economic thinkers of our times. He’s anything but.
Traders are watching the US Fed’s next interest rate move with an eagle eye.
James Packer is almost certainly going to leave Crown Resorts. There is no way he or indeed any other billionaire would leave their money in a company they could not control.
At the end of the last century, 2020 was the go-to year. But when we actually got there, we more or less put everything on hold.
First China gave us the virus; now it’s bequeathing us and big pharma a mind-boggling, near-permanent money stream.
Big Pharma execs, including those at CSL, must be licking their lips when they do the maths. The various Covid-19 vaccines will pour hundreds of billions of dollars into their coffers.
The last week has shown, bluntly and clearly, that Daniel Andrews is a real, a serious, and unique menace to the whole country as Melbourne’s lockdown takes a national toll.
China will this year produce more than one billion tonnes of steel for the third successive year which is great news for BHP and Australia’s other iron ore miners.
If Victoria’s lockdown ends up only lasting five days, it will be a ‘blip’ on the national economy; if it goes longer it starts to become a national ‘problem’.
There’s a fascinating irony in the way Helen Coonan has now been charged with saving the Crown casino group.
The Commonwealth Bank rode what’s best described as the perfect non-storm down to Christmas.
The entire future of Crown Resorts and its casinos in three states now rests on the shoulders of one woman.
Original URL: https://www.heraldsun.com.au/business/terry-mccrann/page/69