Let’s keep this brief. 1. It’s Friday (=🍻), and 2. It’s been an exciting and exhausting week on the ASX (not sure if you’ve noticed, but there’s a rampaging bull market going in mining stocks 🚀).
It must be hard being a value investor in a rampaging bull market. I wouldn’t wish that fate on anyone! But that was me many, many years ago. Complaining that stocks where overvalued and that the ...
US non-financial companies hold around 9% of assets in cash, with just 67 firms accounting for half of the $2.1 trillion in excess corporate cash, concentrated heavily in tech and healthcare sectors.
Gold: A ~1.5% pullback overnight, with prices back below US$4,000. This drove a sharp downward move for gold equities, with the VanEck Gold Miners ETF down 4.4%. Goes to show how aggressive miners ...