Sky News enterprise Editor Ross Greenwood says it was “pretty bad out there”, regarding the ASX. “The ASX 200 started the day, was a fairly modest fall at the start … down by around 100 points. But as really the momentum built up during the day when the Japanese and Korean markets hit the skids,” … Read more
Sky News host Rita Panahi has reacted to US Vice President Kamala Harris’ “hilarious” financial advice. “Let’s have some more financial advice from the woman one geriatric heartbeat away from the Oval Office,” she said. “Hilarious. That public service, none of it good, has seen Kamala Harris accumulate a net worth somewhere between seven and … Read more
The Reserve lender of Australia has left the cash rate on hold at 4.35 per cent. Sky News company Editor Ross Greenwood says the reason for the pressure on the RBA is due to employment remaining “very strong”. Mr Greenwood said there are also signs that inflation is “not reducing as quickly” as the RBA … Read more
Sky News enterprise Editor Ross Greenwood says financial markets are “schizophrenic” at the moment. “With every new inflation number, employment statistic or economic expansion projection; equity, bond and currency markets, they boil and bubble,” Mr Greenwood said. “Take Dan Kemp, the global Chief funding Officer for Morningstar’s funding Management Group. “In recent weeks, his research … Read more
Sky News enterprise Editor Ross Greenwood says Australia and the United States’ economies are on the “same trajectory”. “It’s been the same issues for inflation that have really driven the American prices as they are here,” he told Sky News Australia. “So it’s things such as rent which have been so important, and energy prices.” … Read more
Feb 21 – Wall Street posted its worst performance of the year on Tuesday, with the main benchmarks ending down as investors interpreted a rebound in U.S. company activity in February to mean debt charge rates will need to stay higher for longer to control inflation. 1. 🚨 Message me any trading questions: https://discord.gg/kwVQtmu 2.✅ … Read more
The New York Stock Exchange is probing a reported “technical issue” that caused wild stock-price swings at the industry open Tuesday as dozens of large-cap equities suddenly plunged or spiked. 1. 🚨 Message me any trading questions: https://discord.gg/kwVQtmu 2.✅ LPP 2.0 $150 OFF (LIVE TRADING): https://bit.ly/150OFFLPPNOW 3. 📸 Ricky’s Insta: https://www.instagram.com/rickygutierrezz/ 4.🖥 Enter Giveaway: https://shoptechbuds.com/pages/giveaway … Read more
JANUARY 2023 CPI DATA REPORT WEIGHT UPDATE. Why did the stock industry not skyrocket if cpi data report was as expected? Here is a clear answer! 1. 🚨 Message me any trading questions: https://discord.gg/kwVQtmu 2.✅ LPP 2.0 $150 OFF (LIVE TRADING): https://bit.ly/150OFFLPPNOW 3. 📸 Ricky’s Insta: https://www.instagram.com/rickygutierrezz/ 4.🖥 Enter Giveaway: https://shoptechbuds.com/pages/giveaway 5.📊 Free 6 FREE … Read more
A history of industry crashes and how they recovered. The stock industry is poised for a significant year-end rally because ‘inflation is basically over’, Wharton professor Jeremy Siegel says. What is the new CPI data released? The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by … Read more
Sky News enterprise Reporter Ed Boyd says the stock industry in America “skyrocketed” about 3 per cent last night. “It was quite surprising,” Mr Boyd told Sky News Australia. It comes after the US Federal Reserve raised its official loan charge rates by 0.5 per cent – the highest rate hike in 22 years. “Normally … Read more