Whilst scrolling through ASX listed ETO stocks I noticed something interesting – the performance of the top 20 listed stocks is quite mixed and different to the broader index. The chart below shows the S&P/ASX20 (white) versus the S&P/ASX200 (blue). The S&P/ASX20 is down about 0.59% YTD whereas the S&P/ASX200 is down 6.1% YTD. Given…
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In 1979, President Jimmy Carter gave his famous “Crisis of Confidence” speech (also known as the “malaise” speech, though he didn’t actually use the word). Forty-three years later, it seems as if the country is stuck in at least as bad of a funk. In a recent article, Derek Thompson of the Atlantic reported on rising feelings of…
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The chart below is of the RBA cash rate – if you blow the chart up and squint really hard you can see the recent rise in the cash rate. Apparently, this return to normal transmission where interest rates do something other than go down continually is causing a few people to have conniptions. Taking…
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A Ford GT owner in Boca Raton, Florida crashed his recently purchased supercar into a tree Friday evening because he was “unfamiliar with how to drive stick shift,” police say. The driver, 50-year-old Robert J. Guarini, told cops he lost control after downshifting while leaving his housing development at around 6 p.m, a police report says. This…
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