No point talking about it really, in we go again.
The ASX200 rose 1% in another scrambly sort of a week; directionless but still ended up. Incredibly unemployment dropped again, this time to 4.9%. The actual number of unemployed dropped by 22,000 to 679,000. The participation rate remained steady at 66.2% and underemployment (those seeking more work than they have) increased by 0.5% to 7.9%.
Welcome back to The Morrissey Exchange as we pick up where we left off last time.
Join Morrissey Group advisers, Ben Morrissey and Alex Henderson, for part two of their discussion with Shaw and Partners’ Head of Research, Mr Andrew Hines.
In our last episode, Andrew talked us through the nuances of the Iron Ore markets, however conversation this week has turned to the energy sector and the world’s quest for a cleaner alternative. What was wrong now looks right. Has Nuclear Energy come full circle to answer our carbon emissions quandary? Welcome to the upside-down.
Sit back and enjoy the second half of our discussion with the ever insightful and observant, Andrew Hines.
Another wild one this week; the volatility continued here and overseas. At the time of writing this note, we had risen a total of 9 points for the week but will have changed by the time you receive this. We’re sending today’s weekly prior to the end of trade because we are moving offices- 20 metres down the road in fact.
Speak with one of our friendly team members today.
