Money

China is desperate to save its tumbling marketa

Published

3 months ago

February 13, 2024

Nathan Langridge

Formed in response to a market crash in 2015, the so called “national team” of Chinese state-backed investors recently poured $17 billion into index-tracking funds.

Despite the formation of this national team, analysts and investors say propping up the market with cash can’t be sustained and won’t provide a lasting turnaround.

The property sector remains weak and a weight on consumer and investor confidence makes stabilising China’s market a monumental task.

The objective is also giant: mainland stocks are worth nearly $9 trillion.

“This effect may resemble the outcome observed during the 2015 boom-and-bust cycle,” said Dennis Yang, Professor of Business Administration at the University of Virginia Darden School of Business.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

6 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

6 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

7 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending