Tag Archives: asx

Online retail falling away from 2020 highs

Posted on April 24, 2021 by Gene Tunny

The big news on the Australian sharemarket yesterday was the 14% drop in the Kogan share price after a market update revealed a drop in earnings for the online retailer (see chart below). This probably should not have been such … Continue reading →

Posted in Retail trade | Tagged , , , , , , , , | Leave a comment

Qld economy in big trouble if China follows through with trade threat

Posted on November 7, 2020 by Gene Tunny

Australian investors appear remarkably optimistic about the prospects for patching up our relationship with China given that, as the Financial Review reported yesterday, ASX up 4.4pc in US election, QE week. I can understand why a new round of Quantitative … Continue reading →

Posted in Budget, Exports, Macroeconomy | Tagged , , , , , , , , , , | Leave a comment

Coronavirus, oil, and President Trump

Posted on March 10, 2020 by Gene Tunny

Human psychology can influence financial markets in very weird ways, and such was the case on Monday, which was Wall Street’s worst day since December 2008. The sharp fall in equity markets around the world including here in Australia (see … Continue reading →

Posted in Macroeconomy, Uncategorized | Tagged , , , , , | 2 Comments