Evergrande, debt ceiling and volatility September saw the end of the strongest period for markets in several decades, with most major indices posting a negative monthly return. This ended a run of as many of eleven months without such a result, all starting when the COVID-19 vaccines were announced in November 2020. The Australian market…
Well known stockbroker Morgans have released their review on Australia’s retail sales sector which continues to be hit hard with Victoria’s ongoing lockdown and Covid-19 restrictions throughout the country. August retail sales came in at -0.7 per cent year on year and -1.7 per cent to $29.3bn, which comes as of no surprise. Covid-19 lockdowns…
There’s a lot of buzz around hydrogen and its use as a renewable energy source. Most hydrogen produced today is grey hydrogen, delivered by using natural gas in steam methane reforming. Looking out into the future, green hydrogen manufacturing, using electrolysis, is under consideration to replace the fossil fuel based gas production. Following Joe Biden’s…
The renewable and green energy segment of Fortescue Metals Group Limited (ASX: FMG) has bought a 60% stake in a Dutch based energy technology company. Fortescue has ambitious 100% green energy targets. Fortescue Future Industries (FFI) is the dedicated segment of Fortescue’s business tasked with bringing this goal into reality. FFI has made tangible progress, achieving initial targets in multiple areas….
Among many other lessons, the pandemic has brought with it the realisation that none of us is invincible. The virus doesn’t discriminate is what the health experts have been telling us for close to two years now. Naturally, 2020 and 2021 has seen a significant increase in interest in estate planning. Young and old, everyone…
Morningstar have released their Australia and New Zealand equity market outlook for the fourth quarter which envisages an imminent economic recovery that is already baked into valuations, however there are opportunities, they suggest. The authors agree that the Australian equity market is overvalued but notes the market stalled during the third quarter. The Morningstar Australia…