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| | | ... Moody's downgrade of Spain and Cyprus ratings 14 June: Up 1.1% on rumours that central banks are preparing coordinated action Yes, I know, you're scratching your heads too. It's no longer a random walk on Wall Street. Nobody and I mean nobody's talking ... |
| | | | ... a victory for the antis is bad. But what if the 17 June elections result in - shock horror - another inconclusive outcome? Yes, shock horror, that's what if. We've already seen what five weeks of anxious wait has done to Spain. The pain in Spain's gotten ... |
| | | | ... 500 was up again last night after being down the previous day after being up the day before and down the day before that. Yes folks, this is what the past few trading days has boiled down too - markets seesawing on daily headlines. The latest of which ... |
| | | | ... from the barbie (not the plastic one but that contains meat and sausages) and were doing some holiday stock shopping instead. Yes, them -- them who thought they were clever by half. The again, they would have looked like heroes had the markets went their ... |
| | | | A CSIRO researcher has questioned where Australia's economic output will come from once the commodities boom ends. "We are a highly exposed market because three things that we make, make up 40% of our exports," said Dr Stefan Hajkowicz, principal scientist ... |
| | | | Party pooper. Spoilsport. Booo! One can almost taste - yes, taste - the financial markets' disappointment when dear Uncle Ben came and spoke with not even a hint that those beloved letters Q and E are in the offing. Not even a wink, wink, nudge, nudge. ... |
| | | | The value of superannuation FUM is up 3.6% in the year to March 2012 to reach $1.38 trillion, tracking the growth rate of GDP that was announced yesterday. Public sector funds are, however, growing almost 4-times faster as 14%, reflecting cash injections ... |
| | | | All assets with risk attached to them are jumping with joy and dancing on the streets. Global equities - measured by the MSCI All-Country World Index - jumped by 2.3% overnight, the biggest one-day gain since 20 December. The euro hopped above US$1.25. ... |
| | | | ASIC revealed yesterday it has insufficient evidence to prove controller of the Trio Group, Jack Flader, has breached Australian Law. The Parliamentary Joint Committee on Corporations and Financial Services inquiry into the collapse of Trio Capital ... |
| | | | ... for Greece but worse than Spain's predicted 5.9% shortfall and more than the combined Eurozone's 3.5% deficit to GDP ratio. Yes folks, it's not only gonna be a worldwide recession, it'll be a depression. It is either that, or the speculators are back ... |
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