In this article we look at some of the more topical subjects influencing financial markets and analyse a few interesting charts. We start with rising rates – the message being delivered by the Federal Reserve’s Janet Yellen in uncharacteristic straightforward terms. Then we cast an eye over President Trump’s tax... Show More
The old saying that history doesn’t repeat but often rhymes sums up the fervour surrounding cryptocurrencies and blockchain. The media loves to write about something new and sexy and the financial media loves to write about those things as well, especially when they involve volatile asset prices. As cryptocurrencies and... Show More
Precious metal prices have been in full retreat the past few weeks, with the price of gold declining toward USD $1300oz. This pullback has had a number of drivers including an easing of the ‘safe haven’ bid as markets fade the rhetoric to do with Korea, the USD catching a... Show More
Howard Marks expressed concerns over a range of different assets and indicators in his last memo, which caused quite a media uproar. So he’s expanded and clarified some of his views. More interesting though, was his change of opinion on Bitcoin. His key quotes from this new memo are below. Show More
The recent correction in the technology sector has been particularly volatile for the so called cryptocurrencies. Cryptocurrencies are a US$112 billion market that can turn over US$5 billion a day. Show More
Shadowy crypto-currency ‘Bitcoin’ has broken through $2000, to put in a modest 20-fold gain in four years – see chart below. Fortune takes a look at three possible reasons for the most recent surge. Not on the list though was the demand, or speculation of future demand, from ‘Wannacry’ a... Show More
Australian markets operator ASX Ltd on Friday said it has bought a minority stake in a U.S. blockchain developer, positioning itself to become the first stock exchange in the world to use distributed ledger technology for public companies. "Distributed Ledger Technology could provide a once in a generation opportunity to... Show More
Bitcoin could drop to $100: Kim Cramer-Larsson, Saxo Bank technical analyst... Less than 12 months ago, the price of a bitcoin was $1072 but in the past three months Bitcoin's average price has more than halved from $634 to $305 from July to October. Saxo Bank technical analyst Kim Cramer-Larsson... Show More
ADD TO YOUR WATCHLISTS - DigitalBTC (ASX:DCC). This morning I met with Executive Chairman of DigitalBTC (ASX:DCC), Zhenya Tsvetnenko. The company listed on the ASX on Monday of this week and closed its first day at 28.5c - above its 20c prospectus price. Last closing at 35. DCC is the... Show More
Greenspan speaks. Whilst no longer in the hot seat as the head of the Fed, whenever 'the maestro' pontificates about the markets, people sit up and take notice, although those who look at the track record of old Al when it comes to markets might do better taking the opposite... Show More
I bet you wish you bought Bitcoin! After starting 2013 at under $20 a coin, it rallied nearly 6,000 last year, arguably the 'investment' story of 2013. But is it a bubble waiting to burst? a form of digital gold or 'new gold', and should investors be paying more attention too... Show More
Cash is on the way out, electronic is on the way in. According to Magellan's Dom Giuliano Visa and Mastercard represent an amazing opportunity that you can't really acquire on the Australian market. Presenting at the Intelligent Investor annual roadshow Giuliano highlighted the prevailing tailwinds in the electronic payments industry.... Show More