Market Maker

A banana thrown at Eddie Betts… The IOC apologies to the 10 athletes who were thrown in a Brazilian jail… The Aussie team’s “hit & misses”….

BHP had its worst half in over 50 years as the miner posted a “huge” loss ($6.4 billion) on write-downs in Brazil.

The Olympics has certainly been entertaining and yes, the Hawks are still on top of the ladder (just).

Just like the stock market, the Americans are “hurting” us once again…

China has had a big night in the medal tally, however, in about 20 minutes, our Aussie girls are going for Gold in the rugby 7s vs. New Zealand….

So the Bank of England cut growth forecasts by the most ever and announced a large stimulus, as policy makers unveiled a stimulus package aimed at containing the fallout from the U.K.’s secession vote.

So… Glenn Stevens listened to us and cut interest rates to a record low of 1.5%.

Good Morning, “A pinch and a punch”… yes, it’s the first day of the month… and boy, do we have a busy month ahead. So July was a very good month for equities…Brexit… what Brexit? A potential “hung-parliament”… who cares…. Japanese stimulus that failed to stimulate growth and a Chinese market rippled by debt….

Global markets are being extremely resilient, especially with so much uncertainty…