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| | | By now many of you, fellow Australians, would have had enough of the commentaries, in-depth analyses, finger-pointing, spins, recriminations, soul searching, et cetera, et cetera, et cetera that preceded and followed last Saturday's Australian elections. ... |
| | | | 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 ... |
| | | | Wall Street turned in another good performance last night! No one could be faulted for forming such a conclusion after reading the following headlines: "Stocks Rise on M&A Speculation; Treasuries Pare Gain, Oil Falls" - Bloomberg "Consumer sector lifts ... |
| | | | Had it not been for the greater than percentage point gain on Wall Street overnight, there was really nothing to write home about. Click your mouse on any financial news service and you're bound to read that good earnings announcement and better-than-expected ... |
| | | | It's official - China is now the second biggest economy in the world! Japan practically handed China the silver medal on a silver platter after releasing its National Accounts showing that the country's real GDP increased at an annualised rate of 0.4 ... |
| | | | And they're off... and running! The bears are back loitering the financial playgrounds hand in hand with the sensationalist media and heads that talk on your PCs, laptops, iPhones or plain old HDTV screens. Apparently we're now just a click away from ... |
| | | | Yep, the scare is on! Expect nothing less - it's Friday the 13th anyway. Jason and Freddie Kruger are out to induce a nightmare on Wall Street. But wait, it wasn't Jason, nor was it Freddie - it was the US initial "weekly" unemployment insurance claims ... |
| | | | 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 ... |
| | | | You asked for it! Mo' money's in the mail. Bernanke bends to the markets. Just when we thought we've seen it all, along comes the Fed kowtowing to the whims of the financial markets. Yes Virginia, the Fed announced that it would reinvest the proceeds ... |
| | | | Look ma, Uncle Ben's coming bearing more funny money tomorrow! More free money whoopee! Wall Street rose last night salivating over expectations that tonight's meeting of the Federal Open Market Committee (FOMC) would conclude with a kinder surprise ... |
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