Morning Report

Patrick Poke

Australian economy grows just 0.2% in Q4 and enters ‘GDP-per-person recession’ as auto sales crash; new study by S&P shows that investors are still being ‘fooled by randomness’, nearly 20 years after Nassim Nicholas Taleb first warned against it; and $US1.3 trillion asset manager, Legal & General, says quarterly earnings... Show More

Patrick Poke

Boomers struggling to get finance as banks pull back from reverse mortgages; farm production plummets as drought starts to show for eastern states; and the Fed rejects the idea of Modern Monetary Theory, closing the door on ever-increasing debt levels. Here’s what’s happening in markets today. Show More

Patrick Poke

The US and China are nearing agreement on a trade deal, but it could be bad news for Australia; Australian Super clashes with government over climate change issues; and Melbourne and Sydney auction volumes down by ~30%. Here's what's happening in markets. Show More

Patrick Poke

Australia on track for a GDP-per-person recession as immigration remains the only thing in the way of a full-blown recession; Bloomberg reports that US and China are close to a trade deal to end tariffs; and 35 major retail chains have gone into bankruptcy in the US since 2016. Here’s... Show More

Patrick Poke

The CEO is widely accepted to be the most important person in a company, but new research shows that their past history tells us very little about their future performonce; activist short selling on the rise in Australia as Corporate Travel Management threatens legal action against VGI Partners; and the... Show More

Patrick Poke

RBA Governor Lowe thinks house prices not the biggest problem in the economy; banks warn interest rates to be cut as unemployment rises; and "Perfect Storm" for Australian coal projects could be indicative of the industry's decline. Here's what's happening in markets today. Show More

Patrick Poke

More houses for sale than any time in the last 7 year despite lower levels of new listings – buyers absent; possible alliance between Newcrest Mining and Barrick Gold to purchase Newmont Mining; and Buffett talks to CNBC following his latest letter to investors. Here’s what’s happening in markets today. Show More

Patrick Poke

China bans Australian coal from Dalian port, AUD falls; Maurice Blackburn to lead class action lawsuit against Westpac over alleged irresponsible lending practices; Cash Converters results don’t look positive for Australian consumer. Here’s what’s happening in markets today. Show More