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| | | The Australian share market is expected to continue on from Wednesday's strong gains after positive economic data added to evidence the US has emerged from recession and extended Wall Street's rally. At 0730 AEST on the Sydney Futures Exchange, the ... |
| | | | I am "buying stocks right as we speak" and am getting "a lot for my money," Warren Buffet told his audience at a California conference. The tone was similarly positive at the Brookings Institution in Washington, with US Federal Reserve Chairman Ben ... |
| | | | Chk, chk, bang! Yes, ladies and gentlemen. Equity markets greeted August the same way it left July - with a bang! One by one the bears are beginning to wave the white flag as the thundering herd forces them back into hibernation. The "Maestro," former ... |
| | | | Move on people...nothing to see here. Move on. Aussie investors relying on overnight movements on Wall Street to show them what today's trading activity has in store for them in their own market - up, down or upside down - would have to (gulp!) rely ... |
| | | | "Don't worry, I've got a plan," Ben Bernanke, the US Federal Reserve chair, reassured the US Congress. The longer I observe the financial markets, the more confused (amused?) I get. When equities and commodities went on their upward trek starting in ... |
| | | | US President Barack Obama is bringing David Riccardo back from the dead. When the US unveiled its first bailout acronym - TARP -- for the financial sector TARP - last year, I wrote about a theory taught us budding economists called the 'Riccardian equivalence.' ... |
| | | | Roll out the printing presses. Cutting the Federal funds target rate below 1 per cent is certainly feasible. This was the statement delivered by US Federal Reserve Chairman Ben Bernanke in his speech before the Greater Austin Chamber of Commerce in ... |
| | | | Those of you who still remember the 'Maestro' - former US Federal Reserve Chairman Alan Greenspan - would also recall one of his musings, the long-term interest rate conundrum. In his testimony before the US Congress in February 2005, Greenspan declared ... |
| | | | Hopeful signs that the squeeze on the credit markets is beginning to loosen gave Wall Street another leg up overnight. The Dow closed 4.7 per cent higher, the S&P 500 ended 4.8 per cent up and the Nasdaq rose by 3.4 per cent at the finish. It was the ... |
| | | | Market Movers Overnight (16 July) Fed Gloom US Federal Reserve Chairman Ben Bernanke's testimony before the US Congress last night catapulted the Australian dollar to a 25-year high in overnight trading. The Australian dollar broke above the US$0.9800 ... |
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