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Careful of the recession you wish for

BENJAMIN ONG  |  MONDAY, 27 MAY 2013
... miningaustralia.com.au published a fortnight ago: "Sudden drops in mining capital expenditure could trigger a recession in the next 18 to 24 months, research conducted by Morgan Stanley suggests." And just to make it three for three, the SMH published ...

Market Wrap

AAP  |  MONDAY, 27 MAY 2013
... Federal Reserve chief Ben Bernanke that the Fed could start reducing its $85 billion-a-month bond-buying program at one of the next few meetings. Tokyo, which plunged 7.3 per cent in the previous session during frenzied selling, ended up 0.89 per cent ...

The day the music died

BENJAMIN ONG  |  FRIDAY, 24 MAY 2013
... Newton's law to fall (pun intended) on the Nikkei's head. There were those "interpretations" of Fedspeak of QE rollback "in the next few meetings". There's the yen rebound and lower-than-expected China manufacturing PMI - not good for exports. There ...

Market Wrap

AAP  |  THURSDAY, 23 MAY 2013
... conditions did not warrant an end to the Fed's aggressive stimulus measures, he also said the Fed could pull back in the next few meetings if they improved. The indices took a decisive downward lurch after the release of Federal Reserve meeting minutes ...

Fed speaks Fedspeak

BENJAMIN ONG  |  THURSDAY, 23 MAY 2013
... Day?" "If we see continued improvement in the labour market and we are confident it is going to be sustained, then in the next few meetings we could look to do that." Got that one? It's premature to tighten policy. No, they could do it in the next few ...

Property investments see surge in confidence

MARK SMITH  |  WEDNESDAY, 22 MAY 2013
... vast majority of fund managers and analysts now anticipated moderate to strong investment growth from the sectors over the next 12 months, according to the findings of the Australian Property Institute (API) Australian Property Directions Survey. API ...

Market Wrap PM

AAP  |  TUESDAY, 21 MAY 2013
... market, those comments by the Reserve Bank today saying they're not looking for any sort of real strong growth until later next year," he said. The RBA said the Australian economy was set to grow at a below-average pace in 2013, as mining sector investment ...

Peak6 $1bn capital raise boosted by Aussie instos

MARK SMITH  |  MONDAY, 20 MAY 2013
... big Australian super fund came to see us in Chicago recently and we have a major consultant and another super fund coming next week." Scoby has a strong pedigree in the world of hedge fund investing. At UBS O'Connor he managed more than $15 billion in ...

Quo vadis dollar-A?

BENJAMIN ONG  |  MONDAY, 20 MAY 2013
... because the economy is gaining momentum that is prompting speculation that the Fed would begin tapering stimulus as early as next month. Since the start of the year, the US dollar has strengthened by 15.7% against the yen, 6.5% against the pound and ...

Coalition super plan to harm retirees, low income earners

ALICE URIBE  |  FRIDAY, 17 MAY 2013
... counter to the Coalition's pledge to make "no unexpected adverse changes to superannuation" in its first term if it won the next election. Garcia also questioned the Coalition's commitment to compulsory superannuation. Under Abbott's plan the SG would ...