industries

Uncertainty Runs High in the Stock Market as a Huge Week Begins

The Presidential Election tomorrow won’t just determine who sits in the White House. Outcomes in Congress could also have a major impact on fiscal stimulus at the same time coronavirus threatens to shut down the economy again. There’s a Federal Reserve meeting, as well, plus key employment data and more corporate earnings.

My Top 3 Ways To Diversify An ASX Share Portfolio

That was the big news last week when the social media giant reported disappointing results. But a few weeks before that Facebook was one of the market’s darling stocks. It is part of what is called the 
FANGsFacebook, Apple Inc (NASDAQ: AAPL), Netflix Inc (NASDAQ: NFLX) and Google (owned by Alphabet Inc). It is a formidable group of companies that have led the US stock markets higher over the past several years.

Benefits of Buying Not Just Australian Shares

The Australian market is dominated by only a handful of companies and sectors. When breaking down the top 200 ASX companies by sector, it is clearly evident that the financials and materials sectors are dominant in the Australian market. This could be due to many factors, but the most obvious are the mining and housing booms that have occurred in Australia over the last decade, which has led to strong growth for those companies involved.