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| | | It was always going to be this way in every reporting season. There will be surprises - pleasant and nasty. The Dow slipped from the 10,000 mark at the close of trading last week on the back of surprises - the nasty kind - from lower than expected profit ... |
| | | | Here we go, here we go, here we go. If everything continues to go the way it's going, the Australian dollar could very soon be trading one for one against the big one. My Bloomberg screen currently has the A$ fetching US$0.9208 -- it went as high as ... |
| | | | Dow 10,000! So now...tell me...how do you put a negative spin on that? Not when Annie's tomorrow becomes today. "The sun'll come out Tomorrow Bet your bottom dollar That tomorrow There'll be sun!" Tomorrow's taken a year to come, but it has come. The ... |
| | | | Remember Meredith? Meredith Whitney? Yes, that one. The 'mujer' who moved Wall Street during last quarter's reporting season. She's back in the headlines this reporting season. And if you believe the headlines, she is once more pulling Wall Street her ... |
| | | | Just a day after this space commented on the risky proposition of holding US dollars, Bloomberg reports overnight that world central banks are diversifying out of the greenback. Data compiled by Bloomberg revealed that central banks have backed up their ... |
| | | | Falling US dollar equals increasing risk appetite? Hmmm...seems strange. The greenback fell to 14-month lows against major currencies last week before Big Ben Bernanke wagged his finger -- warning that, "The time will come when we have to tighten...We ... |
| | | | "O Captain my Captain! our fearful trip is done, The ship has weathered every rack, the prize we sought is won, The port is near, the bells I hear, the people all exulting..." Walt Whitman wrote this poem after US President Abraham Lincoln's assassination ... |
| | | | It's earnings season on Wall Street once more. But it might be different this time. The S&P 500 and the Nasdaq narrowly escaped a broadly down day during last night's trading - both ending 0.3 per cent higher - while the Dow slipped by 0.1 per cent ... |
| | | | Talk of the town. That's the RBA of course. At a time when other G-20 nations continue to debate the growth alphabet of their own recovery, Australia's central bank declared, 'no mas!' 'No mas' need for keeping interest rates at the emergency level ... |
| | | | Could it be that the shadow of doubt is slowly creeping back into market consciousness? Sure, Wall Street jumped last night but why didn't the justifications sound as convincing as say, back in the first half of the year, when green shoots were all ... |
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