The Reserve Bank of Australia (RBA) interest rate decision for December is fast approaching, with RBA set to announce the latest cash rate on December 10th.
Since the cash rate was increased from 4.1% to 4.35% in November 2023, it has remained unchanged through eight consecutive meetings. In its November monetary policy statement, the RBA noted that while the overall inflation rate in Australia has decreased, the underlying inflation rat...

Stocks steamed higher with the three major averages all hitting new record highs
...after the Fed’s Jerome Powell said the US economy is in remarkably good shape. For some, it seems that although Christmas is 20 days away, many are already celebrating that the Dow Jones $dow jones  soared above 45,000 for the first time ever, and the S&P 500 hit its 56th...

Tech stocks drop but many investors will use the pull back as a buying opportunity.
US stocks dropped from their record all-time highs, with tech stocks blowing off steam. 66 of the top 100 big tech names fell ahead of Wall Street closing for Thanksgiving. It may seem ominous to some with Nasdaq 100 index falling 0.9%, but it’s not al...

Markets ready for fewer rate cuts, as Trump takes control
Every day since Trump won the US election, the US Fed Funds Futures have suggested that we should also expect less and less US interest rates cuts are ahead. And now Donald Trump’s Republican Party looks set to control the US Congress, meaning Trump has...