It's Friday and I don't mind calling these markets weak, soft and underwhelming. A damp squib performance from an S&P/ASX200 that didn't want to be there and gave up pretending.
Episode description
It's Friday and I don't mind calling these markets weak, soft and underwhelming. A damp squib performance from an S&P/ASX200 that didn't want to be there and gave up pretending. The index closed 0.2% lower, but somehow it felt worse. Probably because it so cruelly contrasted with the previous four days of consecutive gains - topped off by breaking on through to the other side of 7,000 points for only the second time in this broken down old millennium we now call home.A good day to be a goldie, or an online retailer...A très bad day to be a Magellan, a big miner or a business with ties to AstraZeneca - the vaccine that works good, but does clot the occasional brain. Next week... it's back to 7,000, people.
Our top three VODs are:
Sergey Nazarov: "Two forces are driving the global financial system to smart contracts"
Against the grain; Conway's three contrarian buys
Tribeca's five buys in the commodities space
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