Market Update – Everything you need to know for the ASX this week.

Last week’s extreme volatility highlighted how the unpredictability surrounding the virus is not going away anytime soon. The ASX came out of the gates surging on Monday and Tuesday as the index soared by 10%. Some investors began to speculate on a possible recovery. Especially, as the ASX was up for the 10th day straight and investors thought Monday and Tuesday’s surge indicated future momentum.… Read more

Here’s why Tesla is the stock of the decade

Tesla (TSLA) has been one of the strongest movers on the NASDAQ this year. Many investors struggle with the idea that Tesla is priced so high, yet has relied on future performance till now to remain afloat. However, Tesla in recent months has shifted to an under promise and overperform outlook which has instilled a stronger sense of security for investors to hold onto.… Read more

How long will Afterpay and Zip Co be under the legal microscope?

 

The rapidly emerging Buy Now Pay Later (BNPL) market is shaking the investment and spending world. What started off as a revolutionary payment solution is now gaining criticism as an unethical payment solution.

Despite each person having ‘micro debt’, which might appear okay at a surface level, if its multiplied by millions of people the ‘micro debt’ becomes an issue.… Read more