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| | | ... can't stock markets move only in the up direction? You guessed it, 'twas another down day on Wall Street and in Europe. And yes, you're right it's because of European jitters because Italy's cost of funding remains on the up and up. Scare yourselves ... |
| | | | Will yuletide 2011 be another season to be jolly? Yes 'tis the season to be jolly - fa la la la la la la - if you believe the Stock Trader's Almanac, that is. "According to app.com, "Seasonality, at least according to history, is about to swing to stocks' ... |
| | | | ... the Monday, but this time because Italian uncertainty displaced whatever uncertainty there is in Greece. And this weekend? Yes, it'll be another worry weekend. Reports say that the Italian parliament is rushing through the passage of austerity measures ... |
| | | | ... goes for Spain... it'll hold elections in less than a forthnight (20 November) to twist someone's arm to head the country. Yes, twist... for I cannot imagine anyone brave enough to captain a sinking ship (I apologise for mixing my metaphors). The captain ... |
| | | | Illiquid investments are favoured by not-for-profit funds with strong cash flows and when such assets are managed properly they result in higher investment returns, reveals new research from superannuation regulator APRA. In a research paper released ... |
| | | | ... big to bail worries you, you'll worry some more when you read, "EFSF limps over the line, books "over EUR3bn"" (Reuters). Yes folks, this is the rescue fund targeted to have a a,-1 trillion arsenal as "first loss" insurer of Italian and Spanish bonds. ... |
| | | | The superannuation system revamp continues with the introduction of legislation that will pave the way for MySuper. The Superannuation Legislation Amendment (MySuper Core Provisions) Bill 2011 proposes the introduction of MySuper, a low-cost default ... |
| | | | ... without Greece, but this goal of stabilising the euro is more important." "We need a strong euro, with or without Greece." Yes, sock it to them Angela. And so ladies and gents, we have another Mexican standoff. But fair is fair, Greece couldn't really ... |
| | | | ... 2012 to 2.5%-2.9% (from June's forecast of 3.3%-3.7%) and raised its jobless rate projection to 8.5%-8.7% (from 7.8%-8.2%). Yes, it is. "Household spending has increased at a somewhat faster pace in recent months. Business investment in equipment and ... |
| | | | The Australian stock market remains significantly lower at noon after unexpected possible troubles with the European bailout caused world markets to plunge. At 1203 AEDT the benchmark S&P/ASX200 index was down 72.1 points, or 1.7 per cent, at 4,160.9 ... |
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