Good afternoon, Rare earths could be shipped from Africa to Australia for processing under a joint venture involving an ASX minnow, taxpayer-backed Iluka Resources and the US-aligned Kenyan government. AustralianSuper says it will keep pumping members’ money into the US, allocating half its overseas investments there, even as others flee the fallout of Trump 2.0. If there was a moment of crisis for stocks and bonds, and a nod to the rise of dark markets, it must be now as Macquarie walks away from more than $285bn under management on Wall Street, writes Eric Johnston. |