It was a long and winding road that took Mark Folpp from accounting to broking, funds management and ultimately financial advice. He still gets to channel his “inner fund manager”, but the context is a whole lot different this time.
Far from entering a recession, the Japanese stock market is off on a tear. For investors looking to belatedly enter the market, however, pocket of opportunity do still remain.
Historical information may have limited value, but its ability to assist investment managers in identifying trends cannot be understated. Of course, understanding (let alone pulling apart) economic data is not always straightforward.
The Australian sharemarket climbed for a seventh consecutive session on Tuesday, its longest winning streak since June, led by sharp gains across growth stocks. The benchmark S&P/ASX 200 index added 21.8 points, or 0.3 per cent, to 7600.2 at the closing bell, with seven out of the 11 sectors finishing in the green. The All…
Energy stocks carried the Australian sharemarket on their back on Monday, enabling a sixth consecutive rising, as escalating tensions in the Middle East fed into a rally in oil prices and producers. The S&P/ASX 200 closed up 23 points, or 0.3 per cent, to 7578.4, around 50 points shy of its all-time high reached in…
Over his 28 years as an adviser, Growden has learned a lot about investing: his mantra now is “stick to what you know”. His best investment, he says, was buying equity in what became Shadforth 25 years ago, while his worst came from moving outside rule number one.
The S&P/ASX 200 closed 0.8% higher on Monday aligning with a surge in US equities that propelled the S&P 500 to new record highs last week. However, gains were tempered by cautionary statements from local mining companies regarding declining commodity prices. Technology and financial sectors experienced notable gains, building on the momentum from Friday. Buy…
Australian stocks surged on Friday, breaking a four-day losing streak, following a robust US labour data report that instilled optimism in the economy and propelled Wall Street and risk assets into positive territory. The S&P/ASX 200 concluded the day 1 percent higher at 7421.2, rebounding from Thursday’s one-month lows. The All Ordinaries also recorded a…
It was a comprehensive setback for the Australian sharemarket on Tuesday, with all sectors ending the session in the red. The benchmark S&P/ASX 200 surrendered 81.5 points, or 1.1 per cent, to 7414.8, while the broader All Ordinaries was also down by 1.1 per cent, losing 83 points to 7,647. Softer commodity prices dragged energy,…
Uranium and gold miners led the way on Monday on the Australian sharemarket, but slumping lithium producers tempered that enthusiasm, as did the big bulk miners. Weaker iron ore prices saw BHP shed 53 cents, or 1.1 per cent, to $47.18, while Rio Tinto lost 83 cents, or 0.6 per cent, to $128.32, and Fortescue…