If coal prices continue to remain high and increase, $Aurizon Holdings Ltd(AZJ.AU)$will continue to succeed, as well as other key players in the resources industry on the Australian east coast. IMO, $Aurizon Holdings Ltd(AZJ.AU)$ wouldbe a safe bet during these uncertain times.
Here's what everybody is thinking.The labor market is really strong. Heck, they just announced 528,000 added to payrolls last Friday! The headline blew people away!But wait a second. Things are not as rosy as they seem.The chart above show the headline number in black bars. But there are also purple bars from the household survey which are very different.They are so different that the Household survey shows two negative months this year.Why the difference and what does it mean?This is from SeekingAlpha.com:"The BLS notes the following differences between the surveys: The household survey includes agricultural workers, self-employed workers whose businesses are unincorporated, unpaid family workers, and private household workers among the employed. These groups are excluded from t
Another reason why $ORICA LIMITED(ORI.AU)$are a bargain at the moment 👌"The Orica share price is down 9% to $15.64. This has been driven by the commercial explosives company announcing the successful completion of a $650 million equity raising to fund a major acquisition. Orica is acquiring geospatial tools manufacturer Axis Mining Technology in a deal worth up to $350 million. Orica raised the funds at a discount of $16.00 per new share."
Metaverse Jobs Are Disappearing as Hiring Slows at Google, Facebook Meta Platforms Inc., grappling with its first-ever quarterly sales slump, now has another problem: Jobs in the metaverse are disappearing. New monthly job postings across all industries with “metaverse” in the title declined 81% between April and June, according to workplace researcher Revelio Labs, after surging in the months following Facebook’s rebranding last fall. The dropoff coincides with a broader slowdown across the tech sector, which has prompted layoffs and hiring freezes, leaving workers from the Bay Area to Bangalore increasingly rattled. Job postings in tech hubs like San Francisco and Austin, Texas, dropped 8.4% in the past four weeks, according to job site Indeed.
$ORICA LIMITED(ORI.AU)$After dealing with COVID impacts from the last two years, I'm expecting good things from this stock after the predicted steady commodity growth, particularly in gold, copper and quarry and construction in the second half #bullish