The COB from ausbiz

A miner, insurer and accountant walk into a bar... 🍺


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It was Fed hangover carnage overnight and a sea of red in the local market from the outset. All 11 categories fell, with tech stocks leading losses, down 4.4%. Macquarie was thumped despite a fairly positive update, a small niggle was the dividend didn’t shoot the lights out. Macquarie down nearly 8% and Financials closed down just over 2%. To find green on screen needed the world’s largest magnifying glass - an early contender was Polynovo after a cracker upgrade, and earned a spot at the top of the ladder. It wasn't a day to catch any knives, and the S&P/ASX200 closed at 7194, a nasty -2.3% smash.


Our top three VODs:

"Keep calm and carry on" when investing in micro caps

Chris Conway's buy-hold-sell for a high inflation environment

Getting defensive over gold


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