ASX surges but fears remain; Myer downgrades on sales drop; “bleisure” Is back

Tuesday 28 July 2026 The local share market surges after a lull in fighting in the Middle East, but uncertainty remains the dominant driver of markets.  Myer warns that the cost-of-living crisis has hit sales Bleisure travel – business and leisure – is back with Gen Zers taking full advantage Fortescue Metals boss Andrew Forrest’s strong warnings on iron ore prices and AI The latest hot stock - a chipmaker in China - surges 500 per cent on day one   Hit follow on the podcast so you don’t miss the latest news, and join our free daily newsletter here.    And don’t miss the latest episode of How Do They Afford That?, exploring the financial advice that doesn’t work anymore. Get the episode from Apple, Spotify or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.