Looking Past Hopium Towards Real Numbers...

Digital Finance Analytics (DFA) Blog

Apr 25 2024 | 00:14:15

00:00 / 00:14:15

Show Notes

The value of stocks are driven partly by momentum, through perhaps we should really call this hopium, as its really investors betting with their gut, and the cold hard realities of financial results. Markets have been leveraged higher by rate cut expectations and the prospects of AI. But when the numbers come in at results time, sometimes hopium goes away. Especially when bond yields take the discount rate higher, (the US 2-year is currently at 4.925 and the 10-year at 4.646) so reducing the future value of earnings. Australian markets were closed for the ANZAC holiday. We will remember them. […]

Other Episodes

Episode

July 18, 2019 • 00:24:40

A Conversation With Steve Keen: Part 2 – From Central Bankers To MMT [Podcast]

The second part of my conversation with economist Steve Keen. Part One : https://youtu.be/fn0zNIkepbA Support Steve via his Patreon Channel Watch our previous show:...

Episode

July 10, 2026 • 00:10:49

What Happens When The Digital Prison Faulters?

Once again Australians have been hit by a serious telecommunications outage which started Wednesday morning, at 4:20am triggered Telstra says by a “software issue”...

Episode 0

April 12, 2020 • 00:14:47

The Tenants And Landlords Wicked Problem - The DFA Daily 12 April 2020 [Podcast]

The latest edition of our finance and property news digest with a distinctively Australian flavour.