Trying to predict the future of markets is a hazardous pastime - trying to call
the bottom is a kamikaze move. Has the sharemarket rout of 2022 hit a bottom?
Some market bulls think so
How to reconcile consumer confidence being so weak that it barely has a pulse
with shoppers spending enough to push JB Hi-Fi sales up almost 11 per cent in
the past three months.
The low-hanging fruit for the family budget is what NAB describes as micro treats – the most vulnerable are the daily takeaway coffee and buying lunch.
Over the past year, passengers have shifted their attention from fury at the level of Qantas’ service to anger about its elevated fares – but people are still willing to fly.
Gaming and pub king Bruce Mathieson didn’t get rich overpaying for assets, and clearly thinks there is money to be made in Australians’ love of a punt and a drink.
While Premier Investments’ profits held up better than most discretionary retailers, not even his well-oiled business can escape the economic backdrop.
Investors are looking through the retail gloom and anticipating how cyclical companies will fare when inflation is a memory and interest rates start to fall.