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Finance and markets

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Newsletter The Edition

So Meta

The social media giant's latest earnings mark a dramatic turnaround for the company and have once again made Mark Zuckerberg the darling of Wall Street.













The news that the government is proposing an increase in sophisticated investor thresholds lit up LinkedIn in a way that Twitter scandals used to. But it increasingly looks as though the media and the ecosystem have run ahead of themselves on the yarn.






Weak retail sales data is just the latest sign that the economy is struggling, but investors are still pushing the ASX to new heights in anticipation that rate cuts will come sooner rather than later.





For value investors, Australia's biggest bank is a conundrum. It is expensive on every measure but its share price keeps on flying and has defied gravity for almost two decades.





As the country's economic problems grow, so does the doom and gloom among investors in its shrinking stock markets.














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