December 21, 2023

Stocks had a strong rebound on Thursday, as the S&P 500 recovered from its worst day since September, reigniting the year-end rally. The Dow Jones Industrial Average saw a significant gain of 322.35 points, equivalent to 0.87%, closing at 37,404.35. Simultaneously, the Nasdaq Composite surged by 1.26% to reach 14,963.87. The S&P 500 also joined […]

This article was originally published on 11 December 2023. Last Monday, despite reaching all-time highs in Asian markets, gold prices finished the week down more than 3.3%, closing at approximately $2,004 an ounce for the Comex front month and $2,020 for the continuous contract close. Some reports even indicated that gold touched $2,150 an ounce,

This article was originally published on 8 December 2023. The electric vehicle (EV) industry, once riding high on optimism and sky-high valuations, has hit a roadblock as investors and car manufacturers reevaluate their strategies amidst a slowdown in growth. Factors ranging from rising interest rates to evolving EV technology and consumer preferences are being cited

This article was originally published on 12 December 2023. Australia, home to the world’s largest uranium resource, finds itself at a crossroads as it grapples with the question of whether to be a lifter or a leaner in the global pursuit of decarbonisation and energy security. With only approximately 8% of global uranium production, Australia’s

This article was originally published on 07 December 2023. As we near the end of a volatile macroeconomic year, we look at some of the interesting trends in global real estate and consider what’s to come. Click here to visit the Quay Global Investors website. Relative to equities, global real estate has rarely been this

This article was originally published on 14 December 2023. Mid-Year Economic and Fiscal Outlook – budget deficits revised down, immigration revised up but projected to have peaked Key points:The Federal Government’s Mid-Year Economic and Fiscal Outlook (MYEFO) revised its budget deficit projections down sharply largely reflecting stronger revenue and some modest spending savings.The deficit for

A selection of some of the Materials companies that presented with us in 2023. Los Cerros (ASX:LCL) – Jason Stirbinskis – MD – Los Cerros Limited operates as a gold and copper exploration company in Colombia. Mamba Exploration (ASX:M24) – Mike Dunbar – MD – Mamba Exploration Limited is a Western Australian focused gold, nickel and copper

This article was originally published on 13 December 2023. China’s leaders have once again demonstrated their lack of clarity regarding the policies needed to steer the country’s economy away from the tightening grip of deflation, weak demand, and uncertain confidence. Last Friday, the Communist Party’s Politburo delivered a burst of Communist eco-speak, promising prudent and

A year ago, Perth-based transport group CTI Logistics upgraded its pre-tax earnings outlook for the December 2022 half year to a 90 per cent from the previous estimate of 60 per cent. As it was, 2022-23 pre-tax earnings grew more than 81 per cent to $15.68 million, but a slowdown in the six months to

Pilbara Minerals (ASX:PLS) is set to significantly reduce processing costs and carbon emissions with a new three-stage energy strategy unveiled on Thursday. Pilbara aims to achieve an 80% reduction in emissions intensity by 2030 compared to 2023, contingent on the mix of energy sources adopted in the crucial third stage. “This initiative aligns with Pilbara