After three decades of uninterrupted economic expansion, Australia’s economic performance is no longer the global benchmark it once was. Once celebrated for its resilience, particularly during the 2008 global financial crisis, the nation is now grappling with sluggish growth, falling productivity, and stagnating living standards. These structural challenges raise questions…
The SPDR Dow Jones Industrial Average ETF (DIA) has come under pressure this year as it crashed to a low of $418, its lowest level since November 5. It has slumped by over 6% from its highest level since 2024. Here are the three things that will end the Dow…
The iShares Russell 2000 ETF (IWM) has dropped into a technical correction after falling by over 11% from its highest level in 2024. It retreated to $214, its lowest level since September last year, lagging behind its top peers like the S&P 500 and Nasdaq 100 indices. So, will the…
Copper and iron ore prices have started the year well even as the US dollar index and government bond yields surged. Iron ore, which is used in the steell manufacturing industry, soared above $100 a ton, while copper rose to $9,135 a ton. Strong China trade numbers The main catalyst…
The Schwab US Dividend Equity ETF (SCHD), the Vanguard High Yield Dividend Yield Index Fund (VYM), and the iShares Core Dividend Growth ETF (DGRO) have pulled back in the past few weeks as US bond yields continued rising. The SCHD ETF has dropped by 7.3% from its highest level in…
The CAC 40 index remained on edge as the euro crashed to near parity and French government bond yields rallied. The index, which tracks the biggest blue-chip companies in France, was trading at €7,400, where it has remained in the past few days. It is down by 10% from its…
The International Consolidated Airline (IAG) share price has thrived in the past two years. It rose by over 90% in 2024, becoming the best-performing company in the FTSE 100 index. It jumped to a high of 315p this week, its highest level since February 2022. According to TradingView, shares of…
The South African rand has retreated against the US dollar this year as most emerging market currencies slip. The USD/ZAR pair rose to 19.227, its highest point since April 2024, up by almost 13% from its lowest point last year. Similarly, the GBP/ZAR exchange rate peaked at 23.67 earlier last…
The ARK Innovation ETF (ARKK) stock continued its underperformance in 2024, returning just 8%. In contrast, the Nasdaq 100 and the S&P 500 indices returned 25% and 24%, respectively. The ARKK ETF remains 65% below its highest level in 2021. So, is there a good reason to invest in the…
Jeff Bezos, the founder and executive chairman of Amazon, expressed optimism about the future of his space exploration company, Blue Origin, under the incoming administration of US President-elect Donald Trump. Speaking to Reuters, Bezos said he is confident that the space industry will flourish in the coming years and appeared…