Aussie superannuation funds are reeling from a market rout that seen the ASX lose 7% this year already. New research from consultancy Chant West shows that super balances fell 2.5% on average across the first six days of 2016.
The post With Super Balances Down 2.5%, It’s No Time To Panic…Yet appeared first on The Daily Reckoning Australia.
The higher the stock market went…and the more debt increased…the more the whole shebang wobbled and lurched.
The post The Hidden Reason Why Stocks Are Tumbling… appeared first on The Daily Reckoning Australia.
If you’re still eating dinner, a bottle of Malbec makes almost any stockmarket rout more bearable. Such was the case on Friday.
The post Deep Breaths, Market, Deep Breaths appeared first on The Daily Reckoning Australia.
Rio Tinto [ASX:RIO] has announced plans to increase iron ore shipments to 350 million tonnes in 2016. The decision comes after the mining giant fell 4 million tonnes short of its 340 million tonne guidance for 2015. Should it hit that target, it would see Rio export its full production capacity for the year.
The post BHP’s Dividend Loss Could Be Rio Tinto’s Gain…for Now appeared first on The Daily Reckoning Australia.
Perhaps we should have doffed our cap. Are they not heroes — the Ed Snowdens of Oregon? The Bravehearts of Sage? The Parnells of the Prairie?
The post Were We Unfair to the Oregon Protestors? appeared first on The Daily Reckoning Australia.