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| | | Whoa! If this is an indication of things to come, then you can forget a lift-off in September, or in December... perhaps, forget all about it for all of next year. Yes Virginia, I refer to the drop in the Empire State Manufacturing Index. And girl ... |
| | | | If you think that the latest US non-farm payrolls report is good enough for the Fed to proceed with a September lift-off, you are correct. You are not wrong too if you think it's not strong enough for the Fed to pull the trigger in September. There's ... |
| | | | "They see what they want to see, hear what they want to hear and think what they want to think." This saying was on full display over the past 24 hours, Virginia... just look at the headlines. Yes, of course, I'm scribbling about the talk of the town ... |
| | | | ... are doing. Even more challenging are boutique retail superannuatiuon products that outsource their trusteeship, such as Virgin Super or Max Super. Just as technology has empowered fragmentation in the media and other industries, and spurred the sharing ... |
| | | | Scratch September. Make that December. That's the Fed lift-off Virginia. And just so you and I don't miss that point, the Australian Financial Review (AFR) even quoted Douglas Borthwick -- head of foreign exchange Chapdelaine & Co - saying that, "I'm ... |
| | | | I wasn't missing a few screws after all. Yesterday, I ranted and admitted on this space that I was confused with Wall Street's reaction - it was up strongly - despite "headlines upon headlines alluding to a September lift-off". "Wall Street's positive ... |
| | | | It's out!...and it didn't surprise. Yes Virginia, there were no surprises in the Fed's decision to keep monetary policy unchanged after it concluded its 28-29 tete-a-tete. But what was surprising was Wall Street's reaction - the Dow and the S&P 500 ... |
| | | | Funny that. Funny that on the same day that RBA Governor Glenn Stevens addressed the Anika Foundation Luncheon in Sydney and told his audience that, "One of the features of much regular discussion of macroeconomic policy, and monetary policy in particular ... |
| | | | It could be because we've been beating down on ourselves too much, too often and for so long that others think they come and have a go at us, Australians all, too. I was literally ROFL-ing when I read this piece from the Sydney Morning Herald (SMH) ... |
| | | | Here we go, here we go, here we go... The dollar-A is back in the news again. For it's fallen below US74Ac at the close of trading last week and early morning exchanging shows the dollar-A is currently holding that level at US US73.71Ac Can't help but ... |
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