News
Note from MD: RBA holds rates but markets show no reprieve
The RBA decided to once again leave rates on hold, marking the third month in a row without a hike or a cut. The RBA has cited greater uncertainty around China, and the effect this could have on the Australian economy, especially in a higher interest rate environment, as reasons for a continued finger-on-the-pulse approach to monetary policy.
Lock, stock and two smoking sandals – not your average stock
One of the trendiest footwear companies in the world has locked in a fully diluted IPO valuation of US$10 billion, and will aim to raise almost US$1.6 billion as a part of a listing on the New York Stock Exchange next week.
The significance of ERG’s cornerstone investment in Far East Gold
The “game-changing” announcement in August of Eurasian Resources Group’s (ERG) $4 million strategic investment into Far East Gold Ltd (ASX: FEG) opened a lot of doors for the copper-gold explorer.
The positive effect the AFL Grand Final has on the local economy
As the final siren sounded on an unseasonally hot September afternoon, the Collingwood Football Club celebrated their record-equalling 16th premiership in what was one of the all-time great, AFL grand finals.
Man earns $20,000 a month engraving pet headstones
You’ve heard the story before: man starts a start hustle that becomes incredibly successful and ends up quitting his day job as a result.
Note from MD: Shorts pile on and markets dip as volatility spikes
Markets have largely been sold off over the past week, but the potential sources of downward pressure are quite peculiar. The S&P 500 has dropped 4%, while the ASX 200 has let go of 2%. The VIX has jumped to around 19, as volatility enters the market again.
Powerful water scarcity thematic drives profitable growth for diversified water services provider
Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In September 2023, Merewhether Capital’s Luke Winchester selected Vysarn Limited (ASX: VYS) as one of his favourite stocks, highlighting their structural elements…
Outstanding results for Area 4 of VHM’s Goschen Project
Rare earths developer VHM Limited (ASX: VHM) is assembling globally significant mineral deposits across three premium projects: the flagship Goschen Project, the recently upgraded Cannie Project and the highly prospective Nowie Project – all located in north west Victoria.
$10,000 U.S. Bill Auctioned for $480,000
In a story lifted straight from the Simpsons playbook, a US$10,000 bill issued by the U.S. Federal Reserve in 1934 has recently been auctioned for a whopping US$480,000 to a private collector.
U.S. Government shutdown could have negative political and economic repercussions
The U.S. federal government is potentially less than a week away from a shutdown which could have far-reaching implications, from the political to the economic, with Congress still at an impasse for spending bills that fund government operations.
Traffic Technologies moves fast on Tasmanian roll out, lands in 7 News
The Tasmanian Government’s streetlight replacement program is well underway, with more than half of their lights being replaced so far and Traffic Technologies Ltd (ASX: TTI) being at the helm of the operation. More than 1,000 lights on the road network have been swapped out so far, from old mercury vapour globes to new LED lights that use 82% less energy and have a 10-year life cycle.
Note from MD: US debt once again an issue as investors look to gold
US national debt has hit US$33 trillion for the first time in history, and the country is once again less than two weeks away from facing a potential shutdown over a lack of funding. Congress is at a standstill over the issue, and markets are again observing the negotiations take place and assessing whether portfolio adjustments into safe havens need to be made.
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