The housing market in Australia is one of the most expensive in the world. High prices never seem to slow down or decline. Though the country is large much of the population is concentrated on a few coastal cities. One of the factors that was always suspected but hardly discussed in the media is the …
Continue reading ‘Dr. Shane Oliver: Why Australian Immigration Should be Lower’ »
The Federal Funds Rate has increased sharply since the spring of 2022. After slashing interest rates to almost zero during the Covid pandemic the Federal Reserve embarked on a relentless process to raise interest rates to current target levels of 5.25% to 5.50%. Accordingly rates on Money Market Funds have rise to over 5%. No …
Continue reading ‘Fed Funds Rate vs. Money Market Assets: Chart’ »
Australian banks have been one of the poor performers among the developed world’s banks for many years. In fact, the stock prices of the major banks except Commonwealth Bank are below where they were 10 years based on prices in the domestic market. The banks have gone nowhere per most investors. The following chart shows …
Continue reading ‘Australian Bank Stocks Offer Potential Investment Opportunities’ »
Countries are embracing nuclear power again after the 2011 Fukushima accident. With many reactors restarted in recent years the demand for Uranium has soared this year. According to a journal article earlier in September benchmark prices have jumped 30% to about $62 a pound. From the article: The World Nuclear Association, an industry group, said …
Interest rates on Certificate of Deposits(CDs) in banks have soared this year. From virtually paying nothing a few years ago CDs have become the asset to own by any investor in this high interest rate times. For instance, the rate on 1-year CDs have jumped to as high as 5.67% according to Bankrate data. With …
Continue reading ‘How Do Assets Perform 1 Year After CD Rates Peak?’ »