Worries are building about a potentially toxic mix of worsening inflation and a US economy slowing because of households afraid to spend due to the global trade war.
A growing share of superannuation assets are scattered around the world,particularly in the US. This means Trump-induced volatility affects us all.
The Australian sharemarket ended the day in positive territory on Friday,despite Wall Street’s benchmark index sliding lower in a rocky session overnight.
The Australian sharemarket has finished in the red as fresh tariffs on cars made outside America ended a brief reprieve from White House trade policy angst.
Better-than-expected local inflation numbers and bullish sentiment in the US have helped the Australian sharemarket keep moving in the right direction.
The Australian sharemarket gave up most of its early gains to close flat ahead of federal budget night,despite local tech stocks posting a solid session.
The Australian sharemarket has made a sedate start to the week,with investors in a cautious mood ahead of the US tariffs deadline,and mining giants down on subdued prices.
Woolworths and Coles shares surged,after the competition regulator found they were among the most profitable supermarkets in the world.
Jeremy Grantham has earned a reputation as a doom-monger in financial circles for his warnings over sharemarket bubbles. No one is laughing at him now.
Treasurer Jim Chalmers says the fast-changing world of digital assets could have wider benefits for the economy.