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NASDAQ Spectacular back from the brink. Very impressive reversal from recent selling. Still a small note of caution. The market remains in a wide consolidation phase, and this is so far despite its impressive nature, a one day event. Be encouraged, but not out of the risk zone.
31 July 2026

We have been warning for some time that the aggregate data, due to the expanded wealth gap, is disguising a quite weak economy for most Americans. This data shows a significant slowing. Making its way up the food ladder just a little. Imports for data centres will be a long term plus.
31 July 2026

Remaining firm on the back of US strength a little, but could the Australian market despite a recession be readying for a major bull market based on resource wealth, geographic safe-haven and easy access for US fund buying. Following on the back of US military base expansions in the country too. An upside break out of this three day range would be encouraging. A downside break would signal private sector recession fears dominate.
31 July 2026

Re-munitioning is the only delay to a massive US strike with ground troops invasion. It looks like Trump's mind is made up, has been for some time and he is waiting for the munitions to catch up to a decision made.
30 July 2026

With a greater war will come higher inflation. The Fed and RBA alike should NOT respond to this inflation with higher rates. The correct monetary response is to reduce rates to offset the pain of higher energy prices and thus keep inflation lower than it would otherwise be.
30 July 2026

OIL on the rise as it should be. Most people are not expecting a massive war. We are. Therefore Oil is cheap. Even at these levels.
30 July 2026

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