Just a few quick comments from your editor today before we hand over to assistant editor Shae Smith.
We’re concentrating on the May issue of Australian Small-Cap Investigator for most of this week, but we should still find time to lob a few grenades at mainstream thinking.
So, before Shae takes up the slack, a couple of [...]
Australian Bureau of Statistics
If you’re one of the many Money Morning readers suffering from property and housing withdrawal symptoms then don’t worry, because this morning we’re back on the bandwagon.
And if you’re one of the many Money Morning readers who’s glad we’ve stopped banging the housing drum then all I’ve got to say is, “Sorry, we’ll have a [...]
A quick follow on from yesterday’s Money Morning. We like this quote we’ve found from Professor Walter Block:
“Consider a man and a woman each with a productivity of $10 per hour, and suppose, because of discrimination or whatever, that the man is paid $10 per hour and the woman is paid $8 per hour. [...]
We’ll poke a stick at property and inflation today.
Inflation, if mixed with deflation is fine. Prices rise, then prices fall.
But inflation by itself, well, that isn’t good at all. If you look at the chart below, you can see perfectly how the value of money has been devalued almost without break for the [...]
Hats off to Barnaby Joyce for having a crack. Maybe when his political career is finished, and he’s yesterday’s nobody, we could offer him a job writing newsletters. He certainly knows how to write a good headline!
If you missed it, in an interview with the ABC Barnaby Joyce said:
“We’re going into hock to [...]
Before I get on to today’s Money Morning, we’ve received some feedback from yesterday’s article. The complaint has been that we didn’t compare apples with apples.
That it’s not fair to compare the return of a leveraged investment property with an unleveraged dividend paying stock.
Of course that’s nonsense. Of course it’s fair. As [...]
Buy gold – tick
Sell Australian Dollar and buy Japanese Yen – tick
Put options on Westfield Group – [screech!]
According to Richard F on the Money Morning blog, he has a much better idea than the Westfield trade:
“How about shorting RP Data – (ASX: RPX).”
Now that would be just spiteful wouldn’t it! It’s a thought though. [...]