The Reserve Bank of Australia (RBA) decided to keep the interest rate unchanged at 4.35% in August 2024. This decision comes amidst persistent inflation and a highly uncertain economic outlook. Although inflation has decreased significantly from its peak in 2022 (December 2022 - it was 7.8%) , it remains above the RBA's target range of 2-3%, currently at 3.8%.
The RBA's decision aims to provide stability in a volatile economic...
The RBA's decision aims to provide stability in a volatile economic...
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Warren Buffett, the iconic investor known for his long-term value investing strategy, has recently made headlines with the sale of a portion of his Apple shares. This move, by Berkshire Hathaway’s CEO, has sparked widespread speculation and concern among investors, with many wondering if Buffett’s actions signal an impending recession.
Warren Buffett’s Apple Sale
Apple has been a cornerstone investment for Berkshire Hathaway...
Warren Buffett’s Apple Sale
Apple has been a cornerstone investment for Berkshire Hathaway...
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I look for trends and patterns when it comes to stocks. For instance above LAU (AU) show a perfect inverse head and shoulders. Its been oversold and plenty of room to move up
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DavePhoenix
commented on and voted
Rio Tinto is releasing its 2024 half year results on July 31 at 8:30 AEST, before the Australian stock market opens. How will the market react to the company's half year results on the day?
Vote your answer to participate!
Rewards
An equal share of 2,000 points: For mooers who correctly guess the price range of RIO's closing price at 4 PM AEST July 31.
(e.g., If 50 mooers make a correct guess, each of them will get 40 poin...
Vote your answer to participate!
Rewards
An equal share of 2,000 points: For mooers who correctly guess the price range of RIO's closing price at 4 PM AEST July 31.
(e.g., If 50 mooers make a correct guess, each of them will get 40 poin...
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DavePhoenix
commented on
Ford's current stock price isn't much higher than it was over two decades ago. From 1998 to 2001, its stock price greatly exceeded today's levels. Even when accounting for dividends, stock splits, and other corporate actions, certain periods from 20 years ago still saw higher prices than now.
Since 2000, Microsoft's stock has increased 10-fold, Apple's stock has risen more than 200-fold, and Nvidia's stock has surged over 1000-fold. Why h...
Since 2000, Microsoft's stock has increased 10-fold, Apple's stock has risen more than 200-fold, and Nvidia's stock has surged over 1000-fold. Why h...
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DavePhoenix
commented on
Hello mooers!
Welcome back to our webinar with Jessica! This time, we will talk about the trends and opportunities in the second half of 2024.
As we move into the second half of the year, many investors are curious about what might be on the horizon. With $S&P/ASX 200 (.XJO.AU)$ hitting new all-time highs in the first half of 2024, the market has shown remarkable strength. Click here to review the Top 5 headlines in the first half of 2024>>>
Welcome back to our webinar with Jessica! This time, we will talk about the trends and opportunities in the second half of 2024.
As we move into the second half of the year, many investors are curious about what might be on the horizon. With $S&P/ASX 200 (.XJO.AU)$ hitting new all-time highs in the first half of 2024, the market has shown remarkable strength. Click here to review the Top 5 headlines in the first half of 2024>>>