What to Buy as Pricing Pressure Builds



Too long to read? Click here to Download this post as a PDF

What to Buy as Pricing Pressure Builds

Earlier in the week I made the case that big resource firms are on track to go shopping for smaller projects. One reason for that is Rio Tinto Ltd [ASX:RIO].
Rio’s recent asset sales means it has US$12 billion to allocate in the near future.
The post What to Buy as Pricing Pressure Builds appeared first on Daily Reckoning Australia.

See Original Article

China’s New Bid to Destroy the US Dollar

The US dollar took another blow this week.
On Monday, the yuan-denominated Chinese oil futures kicked off trading.
I’m sure Trump is a little miffed. Here’s Trump lobbing $60 billion worth of tariffs at the Middle Kingdom, and China just goes about its business.
The post China’s New Bid to Destroy the US Dollar appeared first on Daily Reckoning Australia.

See Original Article

Tariffs Are as American as Apple Pie

Listening to hysterical commentary from the mainstream media about President Trump’s tariff proposals, you would think his policies were in violation of the US Constitution. Nothing could be further from the truth.
In fact, tariffs are as American as apple pie.
The post Tariffs Are as American as Apple Pie appeared first on Daily Reckoning Australia.

See Original Article

The ‘Real’ Trade War Happening Now

In October 2017, your humble Daily Reckoning editor cast a suspicious eye over Mortgage Choice Ltd [ASX:MOC] and declared it one to avoid (catch up on that story here).
Prudence is often rewarded in the stock market. The stock is down 19% since.
The post The ‘Real’ Trade War Happening Now appeared first on Daily Reckoning Australia.

See Original Article

Why Gold Is Positioning for a Price Surge

What a way to come back from the Easter break…
You step away from analysing global markets for a second and everything turns upside down.
As you may have seen, the US market threw a tantrum while everyone was busy eating chocolate eggs.
The post Why Gold Is Positioning for a Price Surge appeared first on Daily Reckoning Australia.

See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *


CAPTCHA Image
Reload Image
10000visitoad-20
US
AKIAIXEQBBJWK3SL57VQ