It was a rough day on the ASX, particularly for mining and materials investors, amid concerns over China’s falling steel production.
The post Iron ore, ASX 200 get nailed. Infrastructure on the menu. Scott Phillips on Nine’s Late News appeared first on The Motley Fool Australia. –
Motley Fool Australia Chief Investment Officer Scott Phillips joined Nine’s Late News on Monday night to discuss the 2% slump on the ASX, the ongoing fall of the iron ore price, and the private appetite for listed infrastructure assets.
Wondering where you should invest $1,000 right now?
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.
*Returns as of August 16th 2021
Western Areas (ASX:WSA) share price falls as IGO due diligence begins
Warning to all ETF shareholders doing their tax returns
The Westpac (ASX:WBC) share price has fallen in the last week. Here’s why
CBA (ASX:CBA) share price lower despite latest ‘disruptor’ investment
3 experts pick 3 ASX shares to rocket in next 12 months
Motley Fool contributor Scott Phillips has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.