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| | | ... Wall Street was up 'despite' more indications that the US is headong for another recession? Pardon moi, I meant 'because of'. Yes, because the more of these we get, the stronger the case for QE3 becomes. Here's Bloomberg's take: "Stocks rebounded after ... |
| | | | Diversified financial group IOOF has appointed MLC star platform manager Chris Weldon to head its platform products division as it moves to expand its presence in the financial advisory market. Weldon started work yesterday as the new head of platform ... |
| | | | The Australian dollar was over one US cent lower on Wednesday after the central bank kept the cash rates on hold on Tuesday and the release of weak US economic data overnight. At 0700 (AEST), the Australian dollar was trading at 107.80 US cents, down ... |
| | | | ... know what happened back then - the Fed responded to the markets' and the economy's SOS by supplying lotsa lotsa greenbacks. Yes I know, I know. Everybody's still debating whether the Fed's quantitative easing worked. FOMC voting member Charles Plosser's ... |
| | | | ... borrowing limit isn't raised by Tuesday's deadline" (Bloomberg) - echoing Standard & Poor's statement issued days before. Yes, they were the same ones warning about giving Uncle Sam the snip just two weeks ago. They changed their tune perhaps because ... |
| | | | ... baby boomers entering retirement and they want more stability then what shares can offer. Bonds are far less volatile and yes, they do offer lower returns, but also with greater consistency, which is ideal for retirees," said Vassos. Vassos said in the ... |
| | | | ... ideological divide can debate and argue all they want over taxes, spending, deficits and debt after they've crossed this bridge. Oh yes, they all know that, and they will deal - eventually. Else, America will become what it abhors most - a suicide bomber ... |
| | | | Fee structures for financial advisers was a hot topic at a national roadshow in Sydney yesterday with revelations that asset-based fees could not be charged on geared clients. Stewart Bell, executive consultant from Elixir Consulting, gave a detailed ... |
| | | | Australia's superannuation asset pool has grown to be one of the nation's major macroeconomic advantages and it's time for the sector to take an investment and economic leadership position, said David Whiteley, chief executive of the Industry Super ... |
| | | | ... hit retirement so its not like you need to hit this catastrophic shift in asset allocation when you reach 65," said Reid. "Yes, your willingness to take on risk changes so that's why we've built these lower risk portfolios but you still have upwards ... |
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