The market is up 1.97% for the month of September, finishing at record highs as global markets continue to climb. This comes after early in the month when the index fell 2% in a single session after Wall Street sell offs. The Star continues to experience financial turmoil, earlier in the month the company the company accepted $150 million from its lenders, as well as more recently arranging a new debt facility. The Star’s new CEO Steve McCann is cutting jobs, bonuses and selling assets in an attempt to stop the company’s losses he stated was ‘on its knees’.

After reaching all-time highs on Wednesday and Thursday, the ASX plummeted Friday having its worst day in over a year. Positive inflation data propped the market up Wednesday, notably JB Hi-Fi and Harvey Norman increasing 4.3% and 5.3% respectively as consumer discretionary stocks responded well to the data. Friday saw Intel shares in the US fall 26% in a single session after announcing plans to cut 15,000 jobs after significantly weaker than expected growth and reporting a loss of 3 cents per share.

Tesla and Alphabet are the first of the Magnificent Seven to release quarterly earnings, Tesla falling

12.3% and Alphabet dropping 5%. Tesla’s posted quarterly EPS of $0.52 USD, 8 cents below the

expected $0.60 and free cash flow missing by $0.58B USD.

Alphabet stock fell despite beating expectations on EPS and revenue, mainly due to deceleration

in growth of ad revenue comparative to Q1 reports.

Exploring the Depths of Finance: Unveiling the Psychological Undercurrents in Investment Decisions. It’s time to look beyond the numbers to understand how CAPM intertwines with behavioral economics, revealing the intricate dance between human psychology and financial theory.

Is the dominance of the US dollar in global trade a permanent fixture, or will the rising influence of the Chinese yuan, fueled by geopolitical maneuvering and strategic partnerships, emerge as a formidable challenger to the established global monetary order?

Is this structure of foreign exchange perpetual in nature, or will an alternative currency like BRICS arise as a real threat to the global order?

In the past year, there has been a surge of interest in artificial intelligence startups. With so many companies claiming revolutionary uses for AI and so much money seemingly being thrown at them, is this just a bubble waiting to burst?

With the events of March in the past, we can reflect on the madness that has passed. How did the Australian market take the news of yet another banking fallout?

The 2023 QUTEFS Careers Guide provides a comprehensive overview of current opportunities in economics and finance along with a range of helpful information for those looking to pursue a career in the financial sector.

See the QUTEFS Research Teams latest insights on global economic events during the past year, specifically during August 2022.

See the QUTEFS Research Teams latest insights on global economic events during the past year, specifically during July 2022.

QUT Invites you to write an essay about the economic and financial consequences/effects of political ramifications. Monetary gifts awarded to best entries!

The Australian economy has remained resilient, supported by highly expansionary fiscal and monetary policies being enacted to hedge COVID-19 shocks and accommodative record commodity prices.