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Key topics covered in the podcast: What are market participants expecting for iron ore demand in the fourth quarter and early 2026, particularly from China and other major steel-producing regions? How are steelmakers adjusting procurement strategies in response to diverging trends between iron ore and coking coal? What is the role of the 61pc Fe index, and how does it compare to the established 62pc benchmark?
In the US overnight, investors were buoyed by renewed optimism following news that 8 Democratic senators broke from party leadership and voted to end the Government shutdown, which has been running now since the 1st of October. Wall St responded with strong gains – the Dow Jones advanced 0.9%, the S&P 500 gained 1.6%, while the Nasdaq saw a 2.3% jump, lead by strong rallies across the tech megacap stocks. Europe and Asia saw similar trends to the US, with a sea of green across all the major markets. In Europe, the British, German and French indexes all advanced more than 1%, while in Asia the Chinese CSI, Japanese Nikkei and Hong Kong Hang Seng gained 0.35, 1.26 and 1.55% respectively. Locally yesterday, the ASX opened the week on a positive note, advancing 0.8% in its strongest day in a month. 9 out of the 11 key sectors closed in the green, lead by a strong rebound in Information Technology, which has been hit particularly hard in recent trading days. Notable stocks in the sector include Life360 (ASX:360) which advanced 3.6%, and WiseTech Global (ASX:WTC), which rebounded 6.2%. What to watch today:And looking ahead to today, yesterday's positive momentum is expected to continue, with the SPI futures indicating a further 0.5% jump for the ASX at the open. In commodities, the price of both Gold and Silver have surged as investors react to soft economic data coming out of the US and increased belief that a further rate cut will come from the Fed in December. Gold is up 2.8% to 4114 USD per ounce, while Silver is up 4.3% to 50.5USD per ounce. Meanwhile, Crude Oil is trading up 0.7% at 60.1 USD per barrel, while Iron Ore is trading up 0.6% to 104 USD per tonne. Trading Ideas:Bell Potter has upgraded its rating on Western NSW based copper and gold miner Aeris Resources (ASX:AIS) from a hold to a buy, with a target price of $0.65 per share. This comes on a trio of big announcements which are catalysts for future growth: an $80m equity raise, discovery of a maiden ore reserve at one of its key sites, and the sale of some small scale copper assets. And trading central have identified a bullish signal on Regis Resources (ASX:RRL), indicating that the price may rise from the close of $6.70 per share, to the range of $7.40 to $7.60 per share over a period of 16 days, according to the standard principles of technical analysis.
Stijn Schmitz welcomes Sven Carlin to the show. Sven Carlin is Publisher of Value Investing YouTube, Podcast, & Research Platform. During their discussion, Carlin offers insights into various investment opportunities and his value investing philosophy across multiple sectors. Regarding gold, Carlin views the current market with caution, noting excessive speculation and ETF inflows. He suggests that while gold might reach $10,000 eventually, the current environment feels risky. He recommends maintaining a modest portfolio allocation and being willing to trim positions when sentiment becomes too exuberant. In the broader market, Carlin sees significant risks, particularly among technology stocks like NVIDIA. He questions the long-term durability of tech companies' competitive advantages and warns about the potential for rapid disruption. He believes the current market is stretched, with cash flows declining as companies invest heavily in AI and other speculative technologies. Carlin finds more attractive opportunities in overlooked sectors like agriculture and commodities. He appreciates businesses with predictable long-term growth, steady dividend yields, and reasonable price-to-earnings ratios. He emphasizes the importance of patience and maintaining a disciplined approach, especially when investing in cyclical industries. His investment strategy focuses on finding undervalued companies with strong fundamentals, preferring businesses trading at low price-to-earnings multiples and offering consistent dividends. He maintains a diversified portfolio and is willing to slowly accumulate positions in sectors like oil, agriculture, and select international markets. A key principle for Carlin is understanding a company's true value and being comfortable buying more when prices drop. He warns against getting caught up in growth narratives and emphasizes the importance of maintaining a clear-eyed view of a company's actual competitive advantages and potential for long-term value creation. Through his research platform, Carlin shares his investment insights, maintaining a portfolio that has compounded just under 15% annually over seven years, with a focus on value investing principles and careful, methodical investment selection.
Wall St rebounded overnight from yesterday's sell off with all three of the major indexes closing in the green. The Dow Jones added 0.48%, the S&P500 gained 0.6%, while the Nasdaq rebounded the most, up 0.9%. The AI sector which was hit particularly hard yesterday recovered a lot of ground lead by AMD, which posted strong third quarter earnings and beat guidance. European markets saw a similar rebound, with advances across the board. The pan-European Stoxx600 closed up 0.23%, the UK's FTSE gained 0.64%, the German DAX advanced 0.42% and the French CAC added 0.1%.Locally yesterday, the ASX closed down 0.1%, marking its 6 day of losses in the last 7 trading days. Materials were the main sector weighing down the market, with big names seeing losses across the board. Fortescue (ASX:FMG) and Rio Tinto (ASX:RIO) slipped 2.5% and 1.2% respectively, while in Gold Ramelius Resources (ASX:RMS) and Capricorn Metals (ASX:CMM) also saw declines of over 1%. Popular defence stock DroneShield (ASX:DRO) tumbled 7.5% yesterday on news that it had vested more than 40 million performance options to employees upon hitting key revenue targets. What to watch today:Looking ahead to today, following overseas trends the SPI futures indicate that the ASX will rebound from recent losses with a 0.75% jump at the open. In commodities, Crude Oil is trading down a further 1.5% at 59.65USD per barrel, Gold and Silver have both rebounded 1.3% and 1.9% respectively to 3983USD and 48USD per ounce, and Iron Ore is up 0.2% to 104.73USD per tonne. Trading Ideas:Bell Potter have maintained their Buy rating on integrated marketing communications provide IVE Group (ASX:IGL), and increased their 12 month target price to $3.25 after the company announced two new business acquisitions and a marketing services agreement, with the impact of which expected to hit over the next 12 months.And Trading Central have identified a bullish signal in Woodside Energy Group (ASX:WDS), indicating that the price may rise from the close of $25.16 to the range of $27.10 to $27.50 over a period of 35 days, according to the standard principles of technical analysis.
The ASX 200 dropped another 81 points to 8814 (0.9%) as the RBA kept rates unchanged as expected. Banks and iron ore miners synchronised falls, with the Big Bank Basket down to $295.15 (-0.4%). WBC saw buyers up 1.5% on broker comments post the result. CBA down 0.8%. Insurers and financials slid, MQG down 0.8% and QBE off 0.7%, with SOL continuing to flounder off another 1.7%. REITs under pressure again, GMG off 1.9% and SGP falling 1.1%. Industrials weaker with some exceptions, DMP, LNW and PWH in the green. WES lost another 0.8% with JBH off 1.9% and SUL falling 2.8%. Tech eased back again, XRO down another 1.6% and WTC falling 1.5%.In resources, iron ore miners under pressure with prices off in Asia. BHP down 1.9% and FMG dropping 2.7%. Lithium and rare earths seeing profit taking, LYC down 1.2% and MIN off 2.3%. Gold miners were generally steady. Oil and gas eased, WDS down 0.7%, and uranium stocks fell back to earth.In corporate news, GEM fell 13.0% on an earnings update, LNW to delist from Nasdaq, CCX jumped 8.8% on positive momentum in trade. NVX crashed 10.6% as Stellantis pulled out of its agreement.On the economic front, the RBA left rates unchanged. Capital Economics believes the Reserve Bank will still lower interest rates twice next year, with the first reduction coming in the third quarter.Asian markets mixed, HK up 0.2%, China down 0.4% and Japan down 0.5%. 10-year yields 4.34%. US Futures easing back, Dow off 189 and Nasdaq falling 218.Want to invest with Marcus Today? Our MT20 portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you're looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services. Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.
In the US, Wall St kicked off November with a mixed session overnight. The Dow Jones closed down 0.48%, the S&P advanced a little over 0.1%, while the tech heavy Nasdaq added 0.46%, spurred on by gains in the AI sector. The biggest news was the announcement of a major $38 billion deal between OpenAI and Amazon, which lead to Amazon shares jumping a further 4%. Europe too saw a mixed session – the Stoxx600 closed nearly flat as declines of 0.16% in the UK's FTSE and 0.14% in the French CAC offset a 0.73% jump in Germany's DAX. Meanwhile, Asian markets closed green across the board, lead by gains of 0.97%, 0.27%, and 2.12% in Hong Kong's Hang Seng, China's CSI and Japan's Nikkei. Locally yesterday, despite opening down and falling as low as 0.4%, the ASX200 closed out the day up 0.15%, driven primarily by gains across the banks. Westpac (ASX:WBC) saw the biggest gain, adding 2.8%, while CommBank (ASX:CBA), NAB (ASX:NAB), and ANZ (ASX:ANZ) all advanced 2.3%, 0.9% and 0.9% respectively. On the losing end, healthcare continued its run of poor performance, with major names ResMed (ASX:RMD) dropping 4.3%, and CSL (ASX:CSL) continuing its freefall with another 1.7% drop. What to watch today:Looking ahead to today, the SPI futures are predicting the ASX will open down for a second straight day, indicating a 0.1% drop at the open. In commodities, Gold, Crude Oil and Iron ore are all trading flat today with no changes in their prices. Gold remains at $4003 USD per ounce, Crude Oil at 61 USD per barrel, and Iron Ore at 105 USD per tonne. Trading ideas:Bell Potter has maintained its current Buy rating on defence name DroneShield (ASX:DRO) with its current 12 month price target at $5.30 per share, after they announced a new $25.3 million contract in Latin America with delivery and payment through the next 2 quarters. And Trading Central have identified a bullish signal in Woodside Energy Group (ASX:WDS), indicating that the price may rise from the close of $25.12 to the range of $27 - $27.40 over a period of 33 days, according to the standard principles of technical analysis.
The ASX 200 rose 37 points to 9056 (0.4%) after flirting with a new record high. Banks came off the early boil somewhat, CBA up 0.8% and the Big Bank Basket up to $291.17 (+0.7%). Financials generally were firm, ZIP up 3.0% and XYZ 1.8% higher. REITS too were a little better, GMG up 0.9% and SCG up 0.2%. Industrials generally were solid, ALL up 1.8% and QAN took off, up 3.4% with BXB also doing well, up 1.2%. COL and WOW slightly better and tech mixed, WTC down 0.6% and XRO up 0.9% as the All-Tech Index rose 0.4%. In resources, it was a mixed picture, iron ore majors firmed, BHP up 0.7%, gold miners were mixed on quarterly results, NEM continued to see profit taking post the quarterly, down 3.1% and RMS fell 5.7% on quarterly. Rare earths remain under pressure as the US and China edge closer to a trade deal. LYC down 2.4% and ILU off 6.9%. Oil and gas stocks slightly higher, STO up 1.4% with uranium mixed. In corporate news, NXL dropped 16.8% on the CEO resigning, PNV bounced 3.9% as the chair fell on his sword and VEA fell 4.3% on cigarette sales drop. AUB jumped 12.1% on takeover rumours from Swedish PE. On the economic front, Chinese industrial companies saw their earnings surge the most in nearly two years. Asian markets firmed on trade hopes. Japan up 2.1% China up 1.1% and HK up 1.0%.Want to invest with Marcus Today? Our MT20 portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you're looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services. Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.
US stocks saw a record-breaking session overnight, with all 3 major indexes closing at new all times highs off the back of cooling US-China tensions and optimism over a trade deal later this week. The S&P 500 advanced 1.23%, the Nasdaq rallied 1.86% - largely bolstered by strong gains for Nvidia and other chip stocks – while the Dow Jones jumped 0.71%.Similarly, Asian markets saw a large jump, lead by a 1.19% jump for China's CSI index, and a 2.46% jump for Japan's Nikkei. Europe also saw gains but to a lesser extent – the Stoxx600 advanced 0.22%, Germany's DAX advanced 0.28%, the French CAC saw a 0.16% jump, while the FTSE closed 0.09% higher.Locally yesterday the ASX200 advanced 0.41% - despite 8 of the 11 key sectors in the green, it was slightly weighed down by a 0.63% drop in the healthcare index. It was a tough session too for Rare Earths Miners off the back of optimism that the US and China will come to an agreement to resume normalised Rare Earths trade, cooling off some of the building steam in the sector. Iluka Resources (ASX:ILU) saw a 6.87% drop, while Arafura Rare Earths (ASX:ARU) dropped nearly 10%.What to watch today:In commodities, Gold has continued its recent retreat, down another 3.18% to 3981 US dollars per ounce, meaning it is now down nearly 9% over the last week. Crude Oil is trading flat at 61.5 US dollars per barrel, while Iron Ore is up 0.15% to 105 US dollars and 57 cents per tonne. Despite the strong gains in the US overnight, the ASX200 is actually expected to fall at the open this morning, with the SPI futures indicating a 0.43% drop.Trading ideas:Bell Potter has maintained its buy rating on Bega Cheese (ASX:BGA) with a 12 month target price of $7 per share. At the current closing price of $5.34 per share, that implies a 24% share price growth over the next year based on current earnings estimates and guidance.And Trading Central have identified a Bullish signal in Karoon Energy (ASX:KAR), indicating the share price may rise from the close of $1.63 per share, to the range of $2.10 to $2.25 per share over a period of 41 days according to the standard principles of technical analysis.
Wall Street closed lower on Wednesday as investors assessed further updates out of Washington signalling dwindling progress on the trade front between the U.S. and China. The Dow Jones lost 0.71%, the S&P500 declined 0.53% and the Nasdaq ended the day down 0.93%.In Europe overnight markets in the region closed mixed as investors assessed corporate earnings results out in the region. The STOXX 600 fell 0.2%, Germany's DAX lost 0.74%, the French CAC declined 0.63% and, in the UK, the FTSE100 ended the day up 0.93%.Asia markets traded mixed on Wednesday as investors assessed key trade data out of Japan alongside the country's new leadership transition. For September, Japanese exports increased 4.2% YoY to snap four months of declines, however, the data came in lower than economists were expecting of 4.6% growth. Japan's Nikkei closed flat on Wednesday while Hong Kong's Hang Seng fell 0.94%, South Korea's Kospi Index rose over 1.5% and India's Nifty 50 ended the day up 0.1%.The local market closed the midweek session 0.71% lower as a materials sell-off of more than 3% weighed on gains among energy and tech stocks. The price of gold slumped over 6% overnight amid widespread profit taking and strength in the USD which spooked investors into panic sell mode out of gold miners on Wednesday. Genesis Minerals, Evolution Mining and Ramelius Resources each fell over 10% at the closing bell on Wednesday.Homewares retailer Adairs (ASX:ADH) jumped 8.3% yesterday despite downgrading group sales forecast guidance for H1 to between $319.5m to $331.5m, down from the prior guidance of $324.5m to $336.5m, however margins were upgraded to the higher end of the forecast region at 59%-59.5%. Investors likely welcomed the pullback in promotional activity announced by the company amid moderated sales growth.And weaker-than-expected revenue and rising jet costs hit Air New Zealand (ASX:AIZ) yesterday with shares in the airline falling 1% after the company announced it expects to report a pre-tax loss between NZ$30m and NZ$55m for the first half. What to watch today:On the commodities front this morning oil is trading 4.25% higher at US$59.67/barrel, gold is down 0.52% at US$4103/ounce and iron ore is up 0.03% at US$105.53/tonne. The Aussie dollar has strengthened against the greenback to buy 64.92 U.S. cents, 98.64 Japanese yen, 48.51 British pence and 1 New Zealand dollar and 13 cents.Ahead of Thursday's trading session here in Australia the SPI futures are anticipating the ASX will open the day down 0.17%.Trading Ideas:Bell Potter has downgraded the rating on Aeris Resources (ASX:AIS) from a buy to a hold and have raised the 12-month price target on the copper producer following the release of the company's September quarterly report including results meeting the analysts' expectations for lower 1HFY26 production. The reason for the downgrade is simply due to recent share price appreciation of the company.Trading Central has identified a bearish signal on Viva Energy (ASX:VEA) following the formation of a pattern over a period of 22-days which is roughly the same amount of time the share price may fall from the close of $1.74 to the range of $1.54 to $1.58 according to standard principles of technical analysis.
With a country girt by sea, Nightlife takes a look at the world of shipping, joined by Philip Clark and international freight expert Jason Williams, a Director of WillShip who has worked in the freight industry for over 30 years.
Wednesday 15 October 2025 Today, several key commodities are on a run, with surges in the prices of gold, silver, iron ore, rare earths and uranium. The Reserve Bank cautious about further interest rate cuts. Australia will begin manufacturing missiles. Are the supermarkets heading towards a price war in the run up to Christmas? Taylor Swift’s latest album smashes more records. Join our free daily newsletter here. And don’t miss the latest episode of How Do They Afford That? - this week, 10 supermarket tricks to save $100 on groceries. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.
Coverage that provides news and analysis of national issues significant to regional Australians.
This week's news was a mixed bag on the commodities front - the gold rush continued as the precious commodity soared to fresh record highs, while on the other end iron ore and lithium saw volatility off the back of major news coming out of China. Meanwhile, the US Federal Government saw its first shutdown in 7 years, sending ripples through global markets for investors.In this week's wrap, Grady covers:(0:36): gold's record-breaking run & what's driving the rally(2:04): China's ban on BHP imports; what it means for investors(3:24): another twist in the tale for Lithium(4:12): the impact of the US Government shutdown on the market(5:39): how the local market performed over the last trading week(6:27): the most traded stocks and ETFs this week(6:57): economic news items to look out for next week.
The Australian sharemarket has fallen flat, as investors react to the US government shutdown and reports of China temporarily banning purchases of BHP's iron ore. For more, Stephanie Youssef spoke with Niv Dagan from Peak Asset Management. Plus, Australian house prices continue to rise, as the Albanese Government's Home Guarantee scheme is expanded to all first home buyers. For more, Stephanie Youssef spoke with Tim Lawless, Asia-Pacific research director at Cotality.
Coverage that provides news and analysis of national issues significant to regional Australians.
Beijing may be making an example of mining giant BHP in a bid to get better prices for iron ore, but our expert says China’s reported ban could be short-lived. You can read more about this episode, plus see photos, videos and additional reporting, on the website or on The Australian’s app. This episode of The Front is presented and produced by Kristen Amiet and edited by Lia Tsamoglou. Our regular host is Claire Harvey and original music is composed by Jasper Leak.See omnystudio.com/listener for privacy information.
Thursday 2 October 2025 China puts a temporary ban on BHP’s iron ore exports, triggering fears of shortfalls for the Big Australian’s earnings and the federal budget. Australia’s biggest car dealership pushes into Canada. Analysts tip rising house prices in coming months. The battle over Seven West and Southern Cross Media starts getting dirty. President Donald Trump and Defence Secretary Pete Hegseth lecture the US’s top military brass on grooming and physical fitness. Join our free daily newsletter here. And don’t miss the latest episode of How Do They Afford That? - this week, four ways to start investing immediately. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.
The Australian sharemarket has fallen flat, as investors react to the US government shutdown and reports of China temporarily banning purchases of BHP's iron ore. For more, Stephanie Youssef spoke with Niv Dagan from Peak Asset Management. Plus, Australian house prices continue to rise, as the Albanese Government's Home Guarantee scheme is expanded to all first home buyers. For more, Stephanie Youssef spoke with Tim Lawless, Asia-Pacific research director at Cotality.
See omnystudio.com/listener for privacy information.
See omnystudio.com/listener for privacy information.
Wall St continued its slide overnight, with all 3 of the major indices closing in the red for the second straight day. Investors continue to pull back from the AI industry with Nvidia sliding 1% and Oracle nearly 2%, as concerns about overvaluation persist. The broader market closed down 0.28%, the Dow Jones fell 0.37%, and the Nasdaq ended the session down 0.34%, as the AI slide was countered by a nearly 6% surge for Intel, after Bloomberg reported the chipmaker is seeking an investment from Apple.Europe saw a mixed session overnight – the UK's FTSE and German DAX both saw overnight gains or 0.29% and 0.23% respectively, while the French CAC fell over half a percent, and the broader STOXX 600 closed down 0.19%.Locally yesterday, the ASX saw its worst trading day in 3 weeks, ending the session with a 0.92% decline. A large catalyst for the drop was ABS report that consumer prices rose 3.0% in the year to August, which was higher than economists had predicted – indicating that inflation remains sticky. 9 of the 11 major sectors closed lower, with only energy and utilities seeing gains, largely driven by a rise in oil prices. The financial sector took the biggest hit, especially the big 4 banks, which all slid between 1.5% and 3% on the day. What to watch today: Looking ahead to today, the SPI futures indicate the ASX continue to slide, predicting a 0.47% drop at the open.In commodities, Crude Oil is trading up 2.09% at 64 US dollars and 73 cents per barrel after Donald Trump ramped up his hawkish rhetoric against Russia, sparking concerns about supply limitations.Gold is trading down 0.62% at 3740 US dollars per ounce, and Iron or is trading flat at $105.50 per Tonne.Trading ideas:Bell Potter has maintained its buy rating on Regal Partners (ASX:RPL) and increased the target price from $3.55 per share to $4.10 per share, off the back of a report that the company's end of August funds under management (FUM) reached $19.2billion, which beat forecasts.Trading Central have identified a bearish signal in Champion Iron (ASX:CIA), indicating that the stock price may fall from the close of $4.59 per share to the range of $3.30 to $3.50 per share over a period of 101 days, according to the standard principles of technical analysis.
The big news out of the US overnight was confirmation that the Fed would deliver its widely expected 25 basis point rate cut. Fed Chair Jerome Powell in his press conference said the move should be considered a “risk management cut”, in response to the weakening job market, and growing inflationary pressures. In response to the cut, Wall Street saw a volatile trading session close mixed overnight. The Dow Jones soared 0.57%, boosted by stocks which benefit from the rate cut, such as Walmart, JP Morgan and American Express. On the other end, the S&P 500 closed down 0.1%, and the NASDAQ saw a 0.33% decline as investors took profits from the high flying tech stocks, with big names like Nvidia, Oracle and Palantir all slipping. Europe also saw a mixed session overnight - the FTSE and German DAX both saw gains overnight, closing 0.14 and 0.13% higher respectively. Meanwhile, the French CAC declined 0.4%, and the Stoxx600 closed slightly down 0.03% It was a tough day locally as the ASX 200 closed down 0.67%, with 8 of the 11 key sectors in the red. The real estate and consumer discretionary sectors were hit the hardest, which can likely be attributed to the fact that these are the most sensitive sectors to interest rate cuts, and so investors were bailing out prior to the fed announcement. What to watch today:Looking forward to today, the SPI futures suggest the ASX will continue its slide, opening down 0.17% for the trading session. In commodities, Crude Oil is trading 0.85% lower at 63 US dollars and 97 cents per barrel. Similarly, gold is trading 0.86% lower at 3659.US dollars and 87 cents per ounce, and Iron Ore is trading 0.11% lower at 105 US dollars and 30 cents per tonne.Trading Ideas:Bell Potter has maintained its buy recommendation for cardiac therapy producers EBR Systems (ASX:EBR) with a target price of $2.25 per share, as they recently cleared the final hurdle towards a successful commercial launch of their cardiac rhythm disease treatment WiSE. Trading Central have identified a bearish signal in Steadfast Group (ASX:SDF), indicating that the stock price may fall from the close of $6.07 per share to the range of $5.56-$5.66 per share over a period of 9 days, according to the standard principles of technical analysis.
In the US, Wall Street advanced overnight, with all 3 of the key indexes in the green. The Dow Jones ended the day 0.25% higher, the S&P500 gained 0.21%, while the tech heavy nasdaq was the biggest winner, advancing 0.45% - mainly driven by a solid start to the week from giants Nvidia and Microsoft.Europe also saw gains overnight – the stoxx600 closed 0.52% higher, the FTSE gained 0.14%, the French CAC saw a 0.78% increase, while the German Dax took the biggest step, ending the day up 0.89%.Locally yesterday, the September sell-down continued as the ASX200 fell another 0.24% to open the new trading week. With 8 of the 11 key sectors in the red, information technology was one of the few areas gaining any traction, driven by a 6% rally for Life360 (ASX:360), and a 1.9% jump for Wisetech Global (ASX:WTC).What to watch today:Looking ahead to today, despite the rally overseas the ASX is set to fall further, with SPI futures indicating a 0.35% decline at the open.In commodities, Gold remains the biggest story as it hit a fresh all time high on Monday crossing the $3600 US dollars per ounce threshold for the first time. It is currently trading up 1.15%, at 3634 us dollars and 10 cents per ounce. Demand for gold continues to grow primarily from the economic data coming out of the US – as data showed that unemployment has reached its highest level since 2021, while fewer jobs than expected were added in August.Crude oil is also trading higher, up 0.9% to 62 us dollars and 43 cents per barrel, while iron ore is trading 0.42% higher at 104 us dollars and 93 cents per tonne.Trading Ideas:Bell Potter has placed a speculative buy rating on biotechnology company PYC Therapeutics (ASX:PYC), with a target price of $2.30 per share. At the current share price of $1.25 per share, this implies a 12 month return of nearly 85%.Bell Potter has maintained their hold rating on Solvar Limited (ASX:SVR), with the 12 month price target of $1.70 implying just a 3% growth on the current share price of $1.65 per share.
In the US, Wall Street was closed on Monday due to the Labour Day public holiday.In Europe, markets closed generally higher, spurred by a boost in the defence sector. The Stoxx 600 closed up 0.17%, the FTSE gained 0.1%, the French CAC advanced 0.05% and the German DAX was the biggest gainer at 0.57%.Locally yesterday, the ASX200 closed 0.51% lower with the majority of the key sectors in the red. Information Technology saw the biggest drop, closing down 2.65%, while on the other end consumer staples saw the biggest gain, closing up 0.35%. What to watch today:Ahead of today's trading session, the SPI futures are suggesting the ASX will open the day down 0.09%.In commodities, Crude oil is up 0.97% to 64.63 US dollars per barrel. Gold is up 0.78% to 3476.08 US dollars per ounce, around $23 shy of its all time high.While iron ore is trading lower, down 1.8% to 101.65 US dollars per tonne.Australia's current account and export figures for Q2 are out at 11:30am AESTWe'll see earnings reporting from Bellevue Gold (ASX:BGL), while Northern Star Resources (ASX:NST) and Santos (ASX:STO) are set to go ex-dividend, which can often cause a drop in the share price of the dividend amount. Trading Ideas:Bell Potter has maintained its buy rating on Iron Ore miner Fenix Resources (ASX:FEX) and increased the 12 month target price to $0.65, off the back of its new binding agreement with Sinosteel Midwest Corporation granting it the exclusive right to mine and export 290 megatonnes of iron ore over 30 years at SMC's Weld Range Iron Ore project.Trading Central have identified a bearish signal in Breville Group (ASX:BRG), indicating that the stock price may fall from the close of $32.88 to the range of $28.10 - 29.00 over a period of 28 days according to the standard principles of technical analysis.
Can BHP continue its dominance as its focus shifts from iron ore to copper?Yesterday, Australia's second largest company announced a 26pc drop in underlying profit, with iron ore prices under pressure from slowing demand in China. It’s BHP’s weakest performance in five years.But the company is still optimistic - particularly about its growing number of copper assets, and also its shift into the fertiliser potash. Vandita Pant, Chief Financial Officer of BHP, spoke with Juliette Saly at Ausbiz.Ausbiz is Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, economy and startups. Sign up for free at ausbiz.com.auFind out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.
The gold price is soaring, lithium may be staging a comeback, iron ore has somewhat disappointed. The materials sector offers a range of large and small cap opportunities for astute investors, but the outlook for each sector is diverging. To help make sense of the landscape, MineLife's Gavin Wendt joins the podcast to discuss: Why the rise of the Chinese gold investor could mean even better times ahead How supply overhangs are affecting lithium and uranium The genuine players in the decarbonisation boom, and Why the gold miners continue to lag the gold price, and what needs to change. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth. If you're short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won't just reduce your listening time; it has also been shown to improve knowledge retention.
Stephen Grootes speaks to Mpumi Zikalala, CEO of Kumba Iron Ore, about the company’s flat half-year profit despite a 3% rise in sales. She explains the impact of weaker iron ore prices, higher costs, and logistics challenges, and outlines Kumba’s strategy to maintain value in a tough market. In other interviews, Warren Ingram, Co-Founder of Galileo Capital, about how Trump’s new trade deals, rising US debt and shifting economic policies could impact your investment portfolio. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702702 on TikTok: https://www.tiktok.com/@talkradio702702 on Instagram: https://www.instagram.com/talkradio702/702 on X: https://x.com/CapeTalk702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalkCapeTalk on TikTok: https://www.tiktok.com/@capetalkCapeTalk on Instagram: https://www.instagram.com/CapeTalk on X: https://x.com/Radio702CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567See omnystudio.com/listener for privacy information.
Stephen Grootes speaks to Mpumi Zikalala, CEO of Kumba Iron Ore, about the company’s flat half-year profit despite a 3% rise in sales. She explains the impact of weaker iron ore prices, higher costs, and logistics challenges, and outlines Kumba’s strategy to maintain value in a tough market. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.
SBS Finance Editor Ricardo Gonçalves speaks with Kyle Rodda from Capital.com about the day's market action including the renewed interest in iron ore as PM Anthony Albanese pitches Australian steel with China.
In this week's podcast, Fil and Pedro explore the iron ore price plunge, its economic impact, and how it's shaping major exporters like RIO, BHP, and FMG. They also share technical analysis and critical price levels, offering insights for investors navigating the changing commodities landscape.
This latest episode of Freight Up tracks the markets with a strong focus on capesize bulk carriers and the shifting opportunities in iron ore spreads.I'm Jess, and alongside Davide, I'll be steering you through what's been a dynamic couple of weeks across freight and commodity markets. This week, we dig into why the capesize segment has outperformed, the forces shaping paper and physical market moves, and how macroeconomic shifts in China and the West are starting to make their mark. We also welcome Ben Klang for a guided walk through the supply side changes impacting vessel values and orders, and bring in Hao Pei from Shanghai for a deep dive on iron ore and coking coal. To tie it all together, Archie Smith closes with an update on what's shaping fuel oil and crude benchmarks, and why it's been a sideways stretch for paper spreads.If you listen in, you'll get a clear overview of how China's latest manufacturing PMI numbers and consumer price dips are casting a shadow, putting a tighter squeeze on iron ore and freight rates. We cover the upturn in capes, with spot indices making their highest push yet this year, gains on FFAs, and a turnaround in Panamaxes driven by robust South American grain flows. Ben helps make sense of the slowdown in secondhand vessel sales, explaining why average vessel ages are climbing and why scrapping is nearly at a standstill, even as demand feels subdued. We break down the logic: owners are holding onto older tonnage, newbuild orders have fallen to historic lows, and low earnings are nudging many to wait for clearer regulatory and market signals before acting. This creates a backdrop of supply that's hard to clear, explaining the persistent pressure on rates.From the commodities desk, Hao Pei explains what's behind the compression in the MB65-P62 iron ore spread, pointing to an unusually loose supply of premium ore, increased concentrate shipments, and why investors see more upside than risk at these levels. The episode also unpacks a sharp rebound in coking coal, as policy rumours and production cuts meet sustained low demand—a situation that looks precarious but sets the stage for future price action. Finally, Archie brings the fuel oil discussion up to date: crude oil's recent climb is reviewed alongside OPEC's output strategies and why Singapore's high-sulphur fuel oil spreads have cooled. There's especial attention on arbitrage opportunities and the persistent strength of European very low sulfur fuels compared to their Asian counterparts.By the time you've finished listening, you'll be able to identify the major factors currently moving the key freight indices for capes and panamaxes, understand how vessel age and supply trends are affecting rates, and spot where different market players are seeing opportunity or sitting back. You'll come away with a clearer sense of the iron ore and coal market mechanics, and you'll have better insight into the drivers behind recent fuel oil and crude benchmark performances. Whether you're looking to inform a trade, better time a market entry, or just get a precise read on what's shaping dry bulk and commodity shipping, this episode will give you the ground-level detail and wider context you need.
Voice Of GO(r)D is proud to present Mr Mike Williams, one of Australia's most infamous truckers and political commentators, and host of the On The Road Aussie Trucking Podcast. Mike has spent a lifetime “On The Road” Down Under, and has also been podcasting about it for a number of years now. You may have seen Mike expounding online in his ‘Minute with Mick' video segments, or having his advocacy read aloud in the Australian Senate. Maybe you passed him on your way to Port Hedland as he was towing four of the bastards loaded with Iron Ore.I appeared on Mike's show not long after I began writing about the Freedom Convoy, and have been long overdue to return the favor. Mike didn't disappoint, and fills us in on the history of Surveillance Tech in Oz, The Razorback Mountain Truckies Blockade, life in Oz under their insane Covid Regime, how their graduated licensing system works, (or not), various issues unique to Ozzy truckers, and in particular with driver shortage narratives and driver ‘replacement' by drooling morons that appears to be the same no matter where you go.Is there no escape?You can find Mike all over the Internet.On Twitter - https://x.com/theoztruckerFacebook - https://www.facebook.com/otrpodcastausSpotify - https://open.spotify.com/show/7gqE7DetB7p7MYu3uhvpHu?si=a1c7cb8d281047b3Here is Australian Senator Glenn Sterle reading Mike's comments into Parliament -https://www.facebook.com/SenatorGlennSterle/videos/503818531182425/This is the Audiobook recounting of the Razorback Mountain Truckies Blockade -https://open.spotify.com/episode/26OmJkgEEnmlkzwVm4ARtd?si=409837e518f847d2I'm writing a book on the fate of the trucker in 2025 - https://autonomoustruckers.substack.com/p/book-project-announcement-and-a-majorIf you've got a couple of bucks to spare to help me get the book out the door -https://www.givesendgo.com/EndOfTheRoadAs always, questions, comments, suggestions, corrections and Hate Mail are welcomed and strongly encouraged - gordilocks@protonmail.com
Iron ore has seen a sharp drop recently, and high sulphur fuel oil cracks have surged to levels not seen before—two standout moves that framed this episode of Freight Up. Hi I'm Jess, and alongside Davide and the team, we walk you through what's really driving these changes in dry bulk freight and associated commodity markets. You'll get to listen in at how macroeconomic shifts, from British and Chinese output data to volatile US producer prices, ripple through to capesize, panamax, and supramax freight rates. We pull apart the data to give you a snapshot of who's gaining, who's losing, and crucially, why those shifts matter for your business or your market view.Ben Klang takes us through the past two weeks on the freight desk, describing how minor volatility in the cape market was quickly tempered as fixtures came through and macro tensions eased. If you're watching iron ore, we cover the steep pullback, tied less to headlines and more to solid fundamentals: declining pig iron output in China, seasonal maintenance, and looming Indian monsoon slowdowns. Hao Pei shares why these are seasonal and not panic-worthy moves, even if some investors have visions of iron ore dropping into the low $70s. On oil and bunkers, Archie Smith delivers a concise summary: crude markets haven't escaped their range, with all eyes on the upcoming OPEC meeting, while high sulphur fuel oil cracks—historically always negative—have broken into positive territory, even hitting plus $4 in Singapore. Timestamped summary00:00 China's Industrial Growth Slows06:25 Capesize Market Challenges Persist07:03 Capesize Cargo Volumes Rising11:49 "Market Shifts Impact Iron Ore Demand"14:59 OPEC Meeting and Crude Price Outlook16:47 Record-High Crack Spread Highlights TrendsDownload the FIS Live app! - https://freightinvestorservices.com/This podcast uses the following third-party services for analysis: Podder - https://www.podderapp.com/privacy-policy
Episode: 1378 The wreck of the S.S. Edmund Fitzgerald; "Only a lake!" Today, just a lake!
Can Australia's huge success in iron ore continue, especially if China commits to green steel? Twiggy Forrest isn't so sure...See omnystudio.com/listener for privacy information.
Prospective talks between China and the US have a knock-on effect in the markets, as all eyes are on the US Federal ReserveSee omnystudio.com/listener for privacy information.
Send us a textWelcome to Podcast 216 of Safe Dividend Investing on the 12th of April of 2025. Be sure to visit the written transcript attached this podcast to find more information on each stock that was scored. You may also want visit Podcast 210 where in that printed transcript, you will find Chapter 4 from my investment guidebooks. It explains, in easily understood language, how the IDM stock scoring system works. Using this information you can manually score any stock you encounter. The IDM stock scoring software that I provide to those who purchase my investment guide books is derived from this chapter. The software just makes scoring stocks faster and easier.The first 190 Safe Dividend Investing podcasts answered hundreds of questions about stocks that I had received from my podcast listeners and the readers of my other publications. Starting with Podcast 191 the the weekly podcasts have usually dealt with identifying the week's 10 dividend stocks whose recent exceptional share price growth on the New York and Toronto stock exchanges may have made them worth considering as possible portfolio acquisitions. It is also an opportunity for me to bring to the listeners attention information that I think may assist them in creating and managing their self-directed stock portfolio.At www.informus.ca for information you can learn more about my six investment guide books.IANimacd@informus.caIan Duncan MacDonaldAuthor, Artist, Commercial Risk Consultant,President of Informus Inc2 Vista Humber DriveToronto, OntarioCanada, M9P 3R7Ian Duncan MacDonaldAuthor, Artist, Commercial Risk Consultant,President of Informus Inc 2 Vista Humber Drive Toronto, Ontario Canada, M9P 3R7 Toronto Telephone - 416-245-4994 New York Telephone - 929-800-2397 imacd@informus.ca
The Moose on The Loose helps Canadians to invest with more conviction so they can enjoy their retirement. 5 easy steps to clean your portfolio: https://moosemarkets.com/webinar Download the Rockstar list here: https://moosemarkets.com/rockstars Join the Retirement Loop waitlist here: https://dividendstocksrock.com/loop Why I prefer low yield vs high yield: https://moosemarkets.com/income
Amy MacIver is joined by Donald MacKay, CEO of XA Global Trade Advisors, for a sharp and insightful look at the high-stakes decisions surrounding South Africa’s largest-ever review of steel tariffs. They discuss the potential fallout for thousands of importers, the risks of introducing import controls and preferential pricing, and whether mini-mills can fill the gap left by ArcelorMittal’s mill closures.See omnystudio.com/listener for privacy information.
This is Freight Up, the place where we unpack the labyrinth that is the freight and commodity markets. I'm Jess, one of your guides on this voyage, alongside my co-host Davide. In this episode, we'll be diving headfirst into the current resurgence of the freight market with Ben Klang, while parsing through the intricacies of iron ore's recent pullback with Hao Pei. To wrap things up, Archie sheds light on the tumultuous happenings in the fuel oil market. First up, the freight market. If you've been watching, you'll know the Capesize market is on an upswing after a spell of lukewarm rates. Ben Klang spills the details on what's driving the surge and whether it's here to stay. As we transition from freight to raw materials with Hao Pei, we dissect the iron ore market, which has seen a significant dip. Hao highlights the high production levels in Australia and Brazil that have weighed on prices and draws out the influence of macroeconomic factors, such as the ongoing trade tensions. We finish up with Archie's view on the fuel oil market as we explore how recent moves in crude prices and geopolitical factors, like OPEC's supply decisions and increasing tariffs, have stirred volatility. Timestamped summary00:00 Geopolitical Tensions and Economic Shifts04:27 Cape Size Market Boosts Dry FFAs 08:52 Capesize Trading Surpasses Panamax12:25 China's Economy: Potential Market Volatility15:26 Iron Ore Market Strategy Awaited16:30 Iron Ore Market Strategy22:35 Fuel Oil Market Dynamics23:47 Subscribe for Freight UpdatesThis podcast uses the following third-party services for analysis: Podder - https://www.podderapp.com/privacy-policy
Learn about the “Women. Life. Freedom” protests against the Iranian regime and discovering solidarity in remote places. _____________________________ Subscribe to The Maverick Show's Monday Minute Newsletter where I email you 3 short items of value to start each week that you can consume in 60 seconds (all personal recommendations like the latest travel gear I'm using, my favorite destinations, discounts for special events, etc.). Follow The Maverick Show on Instagram ____________________________________ In Part 3 of this interview, Youshita talks about traveling back to Iran after leaving as a refugee. She explains why she creates her travel content in Farsi and reflects on her last trip back to Iran (including why she can no longer return). Youshita then explains the context for the “Women. Life. Freedom” movement against the Iranian regime, and describes her participation in the protest at the 2022 World Cup in Qatar. She talks about the extent of the global media coverage that she received, and the impact of the protest. Youshita then shares stories about finding Palestine solidarity in Greenland, celebrating her birthday on the Iron Ore train in Mauritania, and gives tips on how to integrate more travel into your life if you have a full time job that is not remote. Finally, she shares her perspective on counting countries and reflects on how travel has impacted her as a person and how her view of travel has evolved over the years. FULL SHOW NOTES WITH DIRECT LINKS TO EVERYTHING DISCUSSED ARE AVAILABLE HERE. ____________________________________ See my Top 10 Apps For Digital Nomads See my Top 10 Books For Digital Nomads See my 7 Keys For Building A Remote Business (Even in a space that's not traditionally virtual) Watch my Video Training on Stylish Minimalist Packing so you can join #TeamCarryOn See the Travel Gear I Use and Recommend See How I Produce The Maverick Show Podcast (The equipment, services & vendors I use) ____________________________________ ENJOYING THE SHOW? Please Leave a Rating and Review. It really helps the show and I read each one personally. You Can Buy Me a Coffee. Espressos help me produce significantly better podcast episodes! :)
Stephen Grootes speaks to Kumba CEO, Mpumi Zikalala about Kumba Iron Ore's full-year earnings, which saw revenue fall 21% and adjusted ebitda decline 38% due to lower iron ore prices, weaker sales, and a stronger rand. In other interviews, Warren Ingram, a financial advisor and Co-Founder of Galileo Capital, on whether owning a home is a smart investment or a long-term liability, particularly for those nearing retirement. See omnystudio.com/listener for privacy information.
Stephen Grootes speaks to Kumba CEO, Mpumi Zikalala, about Kumba Iron Ore's full-year earnings, which saw revenue fall 21% and adjusted EBITDA decline 38% due to lower iron ore prices, weaker sales, and a stronger rand.See omnystudio.com/listener for privacy information.
Interview with David Cataford, CEO of Champion Iron Ltd.Our previous interview: https://www.cruxinvestor.com/posts/champion-iron-tsxcia-targets-even-much-higher-grade-iron-ore-in-a-decarbonizing-steel-industry-5913Recording date: 11th February 2025Champion Iron, operating from Quebec, Canada, is advancing its position as a leading producer of premium iron ore with its flagship Bloom Lake Mine currently producing 15 million tons annually. The company is undertaking a significant strategic initiative, investing C$470 million in a new flotation plant to upgrade half of its production to 69% purity iron ore by late 2025, targeting the growing direct reduction (DR) steel market.The company has navigated recent challenges, particularly in rail transportation, which led to a stockpile of 2.7 million tons at the mine in late 2024. However, these logistical issues are being resolved with new locomotives and trained personnel, setting the stage for increased sales volumes in 2025. The ability to clear this inventory is expected to drive margin expansion without raising costs.Since 2018, Champion has invested C$1.7 billion in expanding mining operations, upgrading products, and improving transportation infrastructure. Significantly, 2026 will mark the first year without major growth capital expenditure, allowing the company to demonstrate its full earnings potential and focus on shareholder returns.Market diversification is a key strategic priority. Currently, over 50% of production goes to China, but the company is actively expanding its customer base in Europe, the Middle East, and North Africa. The new 69% purity product will facilitate this diversification while offering improved margins and reduced shipping costs to these markets.Beyond Bloom Lake, Champion is developing the Kami project in partnership with Nippon Steel (the world's fourth-largest steelmaker) and Sojitz. This partnership includes a commitment from the partners to fund the first $500 million of investment, minimizing Champion's near-term capital requirements. Over the next two years, the company will advance feasibility studies and permitting activities for Kami.The company's growth strategy aligns with the global steel industry's decarbonization trends. DR plants paired with electric arc furnaces produce significantly lower carbon emissions than traditional blast furnaces, driving increasing demand for high-purity iron ore. As steel producers worldwide face pressure to reduce carbon emissions, Champion's high-grade products position it to benefit from this structural shift in the market.With its conservative balance sheet, Champion Iron appears well-positioned to capitalize on these opportunities while maintaining financial flexibility. The combination of resolving logistical challenges, completing major capital investments, and increasing production of premium products sets the stage for potentially significant cash flow generation from 2026 onward.View Champion Iron's company profile: https://www.cruxinvestor.com/companies/champion-iron-limitedSign up for Crux Investor: https://cruxinvestor.com
Matt Mewburn, one of Australia's last blacksmiths, takes you inside the "iron cathedral", where blacksmithing is still very much alive.Matt didn't grow up dreaming of forging knives and sculptures over heat as hot as volcanic lava.He thought he might take over the family farm or become a scientist.But when Matt was 20 years old, his father unexpectedly died, and Matt went looking for a hobby to keep himself distracted through the grief.A spontaneous trip to the local TAFE in Sydney introduced him to the magic of metallurgy and a burning passion was forged for the creativity and simple perfection of smithing.Matt developed his skills in his apprenticeship and then overseas during his so-called Journeyman years, spending time in a seminary in the hills of Tuscany, and in Scotland and Norway. For the last decade, Matt has been the custodian of Australia's largest and most historic rail works in Sydney.This episode of Conversations discusses apprenticeships, trade school, art, death of a parent, grief, origin stories, family dynamics, life story, loss, reflection, death, how to grieve, farming, regional Australia, Eveleigh, Carriage Works, Sydney, Australian history, vocational training, iron ore, steel.
Hear Ric's stories from Afghanistan, Burundi, Chad, Eretria, Mauritania, Papua New Guinea, Abkhazia and Transnistria. ____________________________________ Subscribe to The Maverick Show's Monday Minute Newsletter where I email you 3 short items of value to start each week that you can consume in 60 seconds (all personal recommendations like the latest travel gear I'm using, my favorite destinations, discounts for special events, etc.). Follow The Maverick Show on Instagram ____________________________________ In Part 2 of this interview, Ric Gazarian talks about his decision to pursue the goal of traveling to all 193 U.N. recognized countries. He shares stories of watching the sport of Buzkashi in Afghanistan, getting a private performance by the Royal Drummers of Burundi, and attending the Gerewol Festival in Chad. Ric talks about two very different train experiences in Eretria and Mauritania, describes his overnight tour of the Chernobyl Exclusion Zone, and explains why one of his most unique trips was to Papua New Guinea. He then discusses the contested definition of what constitutes a country, explains what a micronation is, and shares his experiences visiting Transnistria, Abkhazia, and the Principality of Sealand. Ric then talks about his “Counting Countries” podcast and his biennial conference “The Extraordinary Travel Festival”. Finally, he talks about how he designs culturally immersive travel experiences, how his perception of travel has changed over the years, how all of this travel has impacted him, and what travel means to him today. FULL SHOW NOTES WITH DIRECT LINKS TO EVERYTHING DISCUSSED ARE AVAILABLE HERE. ____________________________________ See my Top 10 Apps For Digital Nomads See my Top 10 Books For Digital Nomads See my 7 Keys For Building A Remote Business (Even in a space that's not traditionally virtual) Watch my Video Training on Stylish Minimalist Packing so you can join #TeamCarryOn See the Travel Gear I Use and Recommend See How I Produce The Maverick Show Podcast (The equipment, services & vendors I use) ____________________________________ ENJOYING THE SHOW? Please Leave a Rating and Review. It really helps the show and I read each one personally. You Can Buy Me a Coffee. Espressos help me produce significantly better podcast episodes! :)
HOUSING COLLAPSES, IRON ORE PLUMMETS, MANUFACTURING SHRINKS, CONSUMERISM NOWHERE: 2/4: Wild Ride: A short history of the opening and closing of the Chinese economy by Anne Stevenson-Yang (Author) https://www.amazon.com/Wild-Ride-history-opening-closing/dp/173942431X https://www.sharecafe.com.au/2024/08/19/iron-ore-prices-plummet-amid-chinas-property-crisis/ How did China grow from an impoverished country to become the second largest economy in the world in just over four decades? And how did this economic miracle come to an end, as seems the case today? To understand the story of China's rapid rise and equally rapid fall, author Anne Stevenson-Yang takes us back to the beginning, when Deng Xiaoping took over and opened its moribund economy to Western money and know-how. Stevenson-Yang, who lived and worked in China for a quarter of a century, traces each decade of China's tumultuous development, from the roaring 1980s to today's malaise. In her first-hand account, Wild Ride, Stevenson-Yang concludes that China is returning to the poverty and isolation of the Mao era. What happened to the promise of the political change that would come with the opening of the economy? And the institutional reforms of the last four decades? The author says all that change was all an illusion. Communist China, being interested only in survival, played along and the West fell for it. With the rise of Xi Jinping, that capitalist experiment is over. 'It took me years to understand that I was an unwitting player in an elaborate dramatic confection. 1937
HOUSING COLLAPSES, IRON ORE PLUMMETS, MANUFACTURING SHRINKS, CONSUMERISM NOWHERE: 3/4: Wild Ride: A short history of the opening and closing of the Chinese economy by Anne Stevenson-Yang (Author) https://www.amazon.com/Wild-Ride-history-opening-closing/dp/173942431X https://www.sharecafe.com.au/2024/08/19/iron-ore-prices-plummet-amid-chinas-property-crisis/ How did China grow from an impoverished country to become the second largest economy in the world in just over four decades? And how did this economic miracle come to an end, as seems the case today? To understand the story of China's rapid rise and equally rapid fall, author Anne Stevenson-Yang takes us back to the beginning, when Deng Xiaoping took over and opened its moribund economy to Western money and know-how. Stevenson-Yang, who lived and worked in China for a quarter of a century, traces each decade of China's tumultuous development, from the roaring 1980s to today's malaise. In her first-hand account, Wild Ride, Stevenson-Yang concludes that China is returning to the poverty and isolation of the Mao era. What happened to the promise of the political change that would come with the opening of the economy? And the institutional reforms of the last four decades? The author says all that change was all an illusion. Communist China, being interested only in survival, played along and the West fell for it. With the rise of Xi Jinping, that capitalist experiment is over. 'It took me years to understand that I was an unwitting player in an elaborate dramatic confection. 1936
HOUSING COLLAPSES, IRON ORE PLUMMETS, MANUFACTURING SHRINKS, CONSUMERISM NOWHERE: 1/4: Wild Ride: A short history of the opening and closing of the Chinese economy by Anne Stevenson-Yang (Author) https://www.amazon.com/Wild-Ride-history-opening-closing/dp/173942431X https://www.sharecafe.com.au/2024/08/19/iron-ore-prices-plummet-amid-chinas-property-crisis/ How did China grow from an impoverished country to become the second largest economy in the world in just over four decades? And how did this economic miracle come to an end, as seems the case today? To understand the story of China's rapid rise and equally rapid fall, author Anne Stevenson-Yang takes us back to the beginning, when Deng Xiaoping took over and opened its moribund economy to Western money and know-how. Stevenson-Yang, who lived and worked in China for a quarter of a century, traces each decade of China's tumultuous development, from the roaring 1980s to today's malaise. In her first-hand account, Wild Ride, Stevenson-Yang concludes that China is returning to the poverty and isolation of the Mao era. What happened to the promise of the political change that would come with the opening of the economy? And the institutional reforms of the last four decades? The author says all that change was all an illusion. Communist China, being interested only in survival, played along and the West fell for it. With the rise of Xi Jinping, that capitalist experiment is over. 'It took me years to understand that I was an unwitting player in an elaborate dramatic confection. 1936 MOSCOW
HOUSING COLLAPSES, IRON ORE PLUMMETS, MANUFACTURING SHRINKS, CONSUMERISM NOWHERE: 4/4: Wild Ride: A short history of the opening and closing of the Chinese economy by Anne Stevenson-Yang (Author) https://www.amazon.com/Wild-Ride-history-opening-closing/dp/173942431X https://www.sharecafe.com.au/2024/08/19/iron-ore-prices-plummet-amid-chinas-property-crisis/ How did China grow from an impoverished country to become the second largest economy in the world in just over four decades? And how did this economic miracle come to an end, as seems the case today? To understand the story of China's rapid rise and equally rapid fall, author Anne Stevenson-Yang takes us back to the beginning, when Deng Xiaoping took over and opened its moribund economy to Western money and know-how. Stevenson-Yang, who lived and worked in China for a quarter of a century, traces each decade of China's tumultuous development, from the roaring 1980s to today's malaise. In her first-hand account, Wild Ride, Stevenson-Yang concludes that China is returning to the poverty and isolation of the Mao era. What happened to the promise of the political change that would come with the opening of the economy? And the institutional reforms of the last four decades? The author says all that change was all an illusion. Communist China, being interested only in survival, played along and the West fell for it. With the rise of Xi Jinping, that capitalist experiment is over. 'It took me years to understand that I was an unwitting player in an elaborate dramatic confection. 1943