The heading for this blog post is taken from a message sent out in the past day by ME Bank to its home loan customers, following the announcement by the Reserve Bank that official interest rates were rising. This tone deaf message probably marks the dissolution of the last vestige of the myth that ME …
Tag Archives: economy
A Happy Day On The Sharemarket
At the end of March, one of those share market newsletters I subscribe to tried spruiking another more premium newsletter dealing with share market volatility, talking about ‘Big Wednesday’ – a period of great volatility and falls. I wrote about that matter at the time. Soon after, the Trump tariff announcements caused some falls, followed …
Some Reflections On Trumpist Tariffs
I am vaguely acquainted with someone whose grandfather was, in the era of the Bolte Premiership, a politician and a major protectionist. From what I have been told about this chap, the nicest thing that could be said about him was that he owned a company which made radios and TVs locally in Australia. That …
The Impermanence of a Stock Exchange Listing
Years ago when I first started learning about investing in the share market, I remember reading, in one or other of the various books I had bought to teach myself about share investing, that the author observed that many large companies did not remain listed on the stock exchange. He mentioned various big name companies …
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The Man Who Broke Capitalism
I initially started my share portfolio in mid 1996 with 110 shares in Mayne Nickless. I had just bought my first home, read a book about share market investing for the first time, and saw an ad in the Australian Financial Review about endowment warrants. I made an enquiry with a stockbroking firm trying to …
Lost For Words! 