Ending January 23, 2026

Steve's Thoughts 

THIS IS VERY IMPORTANT

• Greenland sends markets into redland.
• Iran not running yet. 
• Cuba is next.
• DAVOS - "Globalisation has failed". “The Trump Administration and I are here to make a very clear point—globalization has failed the West and the United States of America. It’s a failed policy… and it has left America behind.” America is done exporting jobs and offshoring its future. We will no longer give in to globalization.
• Microsoft and Apple continue to fall below the 200SMA.

The TMM Podcast

Spotify, Apple, YouTube

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Spotify 

The Oz Economy

• Consumer confidence falls. It appears consumers are zipping wallets but this may be just a post Xmas hangover. 

• Employment bounces. Positives signs for the economy but we need to see if it continues.

THE ASX

Unless there's a big move Friday afternoon, the ASX this week went nowhere. 

Lesson of the Week

Markets don't work that way. 

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