The RBA is set to release its February monetary policy decision on February 18. The market now sees a 90% chance of a 25 basis point rate cut, which would bring the cash rate down from 4.35% to 4.10%. If the RBA cuts rates in February, it would mark the first rate cut since the cash rate was raised to 4.35% in November 2023, and the first in over four years, signaling Australia's official entry into a rate-cutting cycle. RBA rate cu...
Rocket Lab shares have gained 118% from November. Palantir 73%. These are just two the four noteworthy companies we cover today, to see if they’re worthy of going on your investment watchlist, to grow your wealth in 2025. ____________________________________________________________________________________...
US stocks and cryptocurrencies take a breather after hitting brand-new records the day prior The S&P 500$S&P 500 Index (.SPX.US)$shaved off 0.2%, the Nasdaq 100$NASDAQ 100 Index (.NDX.US)$fell 0.3%, and the Bitcoin price fell below $100,000 after reaching the milestone level for the first time. Investors are being a bit cautious ...
any time I look over the ASX20 all I think is "christ that's an uninspiring bunch of companies" a bunch of overpriced banks, a couple of ridiculously overpriced speciality companies, and BHP in a commodities downcycle, all of which are massively over-covered & reported on by every suit who works in Australian finance leading to little potential for any upside surprises puke the only one that ever gets me mildly interested is MQG (which has already run back up again), and BHP itself if you can ge...
Lonewolfcow
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Couldn’t agree more. The only reason bank stocks are booming is because buy backs pressure. There are solid 4 or 5% divyield but it comes with risk. With mining slowing banks will be in pain also. Rate cuts up sleeve & they might do them soon to tank the Aussie $ so this can offset some pain with mining income
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Nchiwla : Anyone know of an ETF for the 1. telecomms in Aus, 2. Materials in Aus 3. consumer staples in Aus?
Nchiwla : and the other sectors mentions 4,5,6?