Categories
Economy Real Estate

Evergrande’s Shares Sold at $1.2 Billion Loss

Evergrande’s second-biggest shareholder, Chinese Estates Holdings, is selling its entire 6.5% stake in Evergrande with a loss of about $1.2 Billion.

Categories
Finance

CCP to take Control of Evergrande – The Evergrande Restructure

There is speculation that the CCP will take control and restructure Evergrand.

Categories
Finance

Evergrande’s Biggest Bondholders – Can they Afford the loss?

Who are Evergrande’s biggest Bondholders and can they afford a significant loss from their Evergrande investments? Is a 1% portfolio exposure that big a deal?

Categories
Economy

πŸ“ˆ Minimum Wage Rise – $18.80 per week

Over $2 million Australians are set to receive a pay rise as the minimum was is increased by $18.80 per week.

Categories
Economy

The Economy is back to Pre-Pandemic Levels

The Economy is back to Pre-Pandemic Levels but our per capita growth has been below trend for over a decade.

Categories
Finance USA

Inflation Rockets to 4.2% – Gasoline up 49.6%

Inflation Rockets to 4.2% with gasoline up 49.6% from last year.

Categories
Economy

Global Computer Chip Shortage

The Global Computer Chip Shortage is getting worse.

Categories
Economy

πŸ’΅ Warren Buffet’s Advice to New Investors

Warren Buffet’s Advice to New Investors.

Categories
USA

πŸ“ˆ Can We Trust Jerome Powell? – Transitory Inflation

Can we trust Jerome Powell and is the increasing inflation transitory?

Categories
Economy Recession

πŸ“‰ 100,000 Expected to Lose Jobs in March

100,000 job loses are expected in March when JobKeeper comes to an end.