Today
US stocks drop on prospect of prolonged Middle East war
The Nasdaq Composite shed 2.2 per cent, pacing losses in New York; Dow joins Nasdaq in correction territory; brent tops $US114. ASX futures point to 0.8pc fall.
Yesterday
Iran war price shock, private credit pain and WFH battle reignites
James and Anthony tackle global energy volatility, credit market cockroaches and take a question on oil companies and their super profits.
‘Don’t get up at 2am’: Exhausted fundies sit on cash as war rages
As stocks and bonds swing wildly and traditional haven assets slump, investors are sitting on the sidelines as fatigue sets in.
This Month
Markets just keep ignoring the energy shock that is already here
There are better signs out of the Middle East, but even peace tomorrow won’t stop the existing oil and gas crisis. So why don’t investors care?
New short-attacker’s five-day window to kill a greenwasher
Meet the hedge fund duo launching “short attacks for good”, trying to tank environmental frauds, shonks and spruikers and save the planet for their kids.
![“The market’s pricing for 2026 [US] rate cuts has flipped to hikes, with investors now penciling in 14 basis points of rate hikes for the year,” TD Securities Gennadiy Goldberg said.](https://static.ffx.io/images/$zoom_0.6125%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_117%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7a27584e46ae730461245c81fdb05dc1406d5c18)
S&P 500 sheds 1.5pc as US seen preparing for longer war
Australian share futures are pointing to a 1.8pc Monday morning drop. Oil briefly tops $US112, gold hovers at $US4500. US 10-year yield eyes 4.40pc.
Oil shock hits, RBA’s tough love and Boomers lead home loan deals
James and Anthony look at how attacks on infrastructure could prolong an energy crisis and why Michele Bullock couldn’t “wait and see” when it came to rates.
Iran just hit 20pc of world’s LNG supply. Oil shock is only growing
The Fed says it simply doesn’t know how bad the energy fallout from the war will be. But new assaults on infrastructure will prolong the real-world pain.
Beware ‘the mother of all short squeezes’ brewing on Wall Street
Hedge funds are sitting on their biggest bet against US stocks in years, so any piece of good news could unleash an explosive rally in the sharemarket.
Private credit woes worse than feared, top fund warns
US credit hedge fund Davidson Kempner warns a substantial portion of private equity firms are already “stressed or distressed”.
War sends investors fleeing from Wall Street onto the ASX
Monthly US-specific ETF flows have ground to a halt even as demand for the rest of the world, including Australia, remains robust.
Trump’s ‘team effort’ no match for oil jitters in central bank week
The US president is asking for help, as the world’s biggest central banks prepare to talk about oil and inflation.
A 99th-percentile panic triggers shares, rates trading frenzy
The Australian sharemarket is on an unprecedented run of big trading days. But it’s not just the ASX – it’s a similar story playing out around the world.
S&P 500 falls, crude rises as Middle East war rages on
The S&P 500 reversed an early 1pc rally to be 0.6pc lower at the close in New York; oil settles above $US103; Strategas lifts 2026 US recession odds to 25pc.
Oil shock begins, AI job cuts snowball and the bravest ASX float
James and Anthony unpack the Middle East war-driven energy crisis, the mass sackings at Atlassian and the imminent listing of mattress retailer Koala.
Why February 23 could mark the bottom of the SaaSpocalypse – for now
Software stocks have bounced more than 10 per cent off their February low as hedge funds close short positions and analysts lift their profit forecasts.
Ackman’s Pershing Square seeks up to $14b in IPO
Bill Ackman has had a long-term strategy to reach a broader base of investors, with a vision inspired by Warren Buffett’s Berkshire Hathaway.
All mouth and Dior trousers: ‘Industry’ bankers ridiculed on Wall St
Young bankers from Goldman Sachs, Barclays and PwC posed for photographs wearing expensive watches, Céline suits and Hermès ties. Their bosses were not amused.
Wall Street slides on shock jobs data, US oil leaps 12pc
All three US benchmarks closed lower after a weaker than expected February jobs report and rising inflation risks hit sentiment. ASX futures fall 1.8pc.
Iran’s rate threat, AI job tsunami, and the $200m radio split
James and Anthony discuss the Kyle and Jackie O divorce, the marriage of Barrenjoey and Magellan, and the uncertainty of war on markets.
