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| | | Uncle Sam and his citizens celebrate the day of thanks today. They have much to be thankful for -- they have had bountiful harvest, there's US$600 billion of it coming their way. But not only that, their economy has come back to life after the mid-year ... |
| | | | Whac-a-mole 2.0! Remember whac-a-mole 1.0 when the global financial crisis was just starting? It was then, that the air was ripe with speculation as to which financial institution's head - Bear Sterns, Fannie/Freddie, AIG - the US Fed/Treasury tandem ... |
| | | | "Wall Street drops on China price worries" - afr.com.au. "Wall Street slumps on China concerns" - new.com.au. "Stocks, Commodities Slide on China Concern; Treasuries Tumble" - Bloomberg.com. "US shares drop on China inflation worries" - Reuters via ... |
| | | | Just right. Gauging from the financial markets' reaction, it appears that the US Federal Reserve has got its QE2 recipe just right. It was a little hotter than the US$500 billion risk assets have already priced in but not too hot as the US$1 trillion ... |
| | | | For a while there I thought that October would just sail past smoothly - just like this year's September proved that it is not always the worst month for equities. Disappointment was all over Wall Street overnight - big time with its tree major stock ... |
| | | | The Australian stock market was higher at noon, after losing some ground with all four major banks falling into negative territory. At 1203 AEST, the benchmark S&P/ASX200 index was up 8.6 points, or 0.19 per cent, at 4,541.3 points, while the broader ... |
| | | | The Association of Superannuation Funds of Australia (ASFA) has called on Jeremy Cooper, chair of the Super System Review panel, to write a paper that will outline the right framework to deliver key SuperStream reforms. The paper will be presented at ... |
| | | | The see on Wall Street sawed again last night. Three days of positive performance wiped out last night. The Dow closed 1.4 per cent lower while the S&P 500 and the Nasdaq both lost 1.7 per cent. Why? Because the positive outlook on the US economy that ... |
| | | | The global exchange traded fund (ETF) industry hit the US$1 trillion mark this month and product providers predict the launch of fixed income ETFs this year and next will drive the sector's mainstream appeal. At the end of July 2010, the global ETF ... |
| | | | Ouch! Now that hurt didn't it? Of course it did. The S&P 500 index dropped by 2.8 per cent, the Dow fell by 2.5 per cent and the Nasdaq declined by 3 per cent. Not a good night overall. But why am I not surprised? As I've written just two days ago ... |
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