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| | | Wall Street dropped big time overnight. Thank goodness for that. The S&P 500 index closed 1.8% lower last night. This is the biggest daily fall since the 2.4% drop registered on 7/11/2012 - the time when markets were neck-deep with worries. At the time ... |
| | | | Demand for Australian bonds has grown stronger after ratings agency Moody's downgraded Britain's credit rating, leaving global investors with one less top-rated economy. Moody's downgraded Britain's credit rating to AA1 from AAA, with Australia now ... |
| | | | Ouch! No, that's not the sound of the equity markets hurting from the sell-off of yesterday. It's yours and truly, kicking myself on the backside for not correctly pinpointing the catalyst to the correction that I've been warning about in recent days. ... |
| | | | "Everyone you meet, the children in the street are swayin' to the rhythm, there's somethin' movin' in them. There's no place to hide, so, why even try? Can't you hear it coming your way, it's here to stay." - You Can't Stop the Music (Village People) ... |
| | | | Investors need to take into account resource scarcity when investing, Tyndall AM head of Real Assets Richard Lourey said, commenting on a report about water scarcity released by Moody's last Friday. The report is entitled "Global Mining Industry: Water ... |
| | | | Was it as good for you as it was for me? One thing for sure it was better for those who got on instead of the many who got off the other night. Yes, it sells but we're not talking about that. It's the people who got on the equity market train after ... |
| | | | Significant improvements in each of the world's most anxiously watched markets have prompted a dramatic lift in investor sentiment, and could signal a major turning point for the global economy, according to Clime chief investment officer John Abernathy. ... |
| | | | No flip flop today but with Europe silence (for now), Wall Street continued cliff-watching the latest development on the cliff-hanger that is the fiscal cliff. Investors even ignored the large upgrade in US third quarter GDP. Perhaps because it was ... |
| | | | So what else is new? Up one day, down the next. Optimism that US will jump over the cliff one day, plunge into it the next. Hopeful that Greece would get another euro cent dropped into its begging bowl one day (and from a broader perspective the euro ... |
| | | | The financial services industry's top executives continue to be among the best paid professionals, according to the Australian Financial Review's latest executive salary report. Unsurprisingly, Big Four bank bosses feature prominently high up the list ... |
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