Michael West Media · AAP · Tuesday 31 March 2026
Australian shares crept higher on a tech rally, cheerfully ignoring geopolitical instability in what passes for market confidence.
The market edging higher despite geopolitical chaos isn't resilience — it's amnesia with a Bloomberg terminal. Tech stocks rally because the algorithm doesn't read the foreign desk, and the fund managers stopped pretending they do. We don't defy tensions; we price them in, which is the financial sector's way of saying we've decided not to care until the invoice arrives.