Ryan Joyce explains the intricate business structure of Brookfield Corporation. Guiding us through the strategic rationale that positions the company as a worthy investment in the Magellan Global Fund and how it is creating value for investor. Important Information: Units in the fund(s) referred to herein are issued by Magellan Asset Management Limited ABN […]
Magellan: The many facets of Brookfield Corporation Read More »
Listed jewelry chain Michael Hill (ASX:MHJ) has set itself up for a pounding when the ASX reopens on Monday after issuing a weak trading update on Friday. The update, released via the ASX at 5:19 pm, well after Friday’s close, has resulted in a stack of pain awaiting the stock when the ASX reopens at
Michael Hill jewelry faces turbulence Read More »
Rate cuts, mood changes, and volatile commodity prices—especially copper and gold—are on the agenda alongside the release of central bank board meeting minutes from the Fed and the Reserve Bank, early results of the May survey of business activity in major economies, and 17 speeches or public appearances by senior Fed members in the US
Nvidia’s earnings report steals the spotlight Read More »
A big week for commodities—one of the biggest in months—with metals surging and oil ticking a touch higher for a smorgasbord of factors, from Gaza and Ukraine to Chinese property issues, along with expectations of interest rate cuts in the US, Europe, and Australia. However, the US dollar eased on hopes of rate cuts (the
A big weeks for commodities Read More »
The Dow starts this week on new ground after the record close on Friday left the best-known US market index above the 40,000 level for the first time in history. Friday’s close, though, of 40,003.59 was less than the all-time high reached in trading on Thursday of 40,051.05 – the index later pulled back and
US weekly wrap: Dow hits historic high, Nvidia earnings awaited Read More »
How desperate do you think the Chinese government and the Communist Party are to staunch the escalating losses in the country’s biggest black hole—housing and property? Friday saw another attempt to fix the problems by President Xi Jinping and his government. But you’d have to say more work is needed on top of Friday’s announcement
China’s housing market Read More »
The Dow Jones closed above 40,000 level for the first time in history on Friday, a day after hitting that key benchmark in the previous trading session. The Dow closed up 0.34 per cent to 40,003.59, a new record close. The S&P 500 just tipped into positive territory closing up 0.12 per cent and the
Dow closes above 40,000 for the first time Read More »
