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| | | In case you missed it, former US Federal Reserve Alan 'el maestro' Greenspan has just declared Greece dead - well, almost. No way out. In an interview with Bloomberg TV, Greenspan declared that the "chances of Greece not defaulting are very ... |
| | | | Hang on to your hats, for here we go folks. While the previous day's data releases provided some leeway for positive interpretation, fresh ones out overnight cannot - in any way - be lost in translation. It's therefore not surprising to see Wall Street ... |
| | | | Not that I'm complaining -- but what just happened to Wall Street last night? As far as I'm concerned, the latest economic releases were the stuff sell-offs are made of but nay, nein, nyet - they stamped a buy on equities and commodities. Asia, Europe ... |
| | | | And on the seventh day, they rested. After six straight days of non-stop selling, script hawkers took a breather. Yes, you read right - a breather - they'll be back again. There'll be more selling down the road. But this does not mean that I've given ... |
| | | | "Fear is in the air Everywhere I look around Fear is in the air Every sight and every sound And I don't know if I'm being foolish Don't know if I'm being wise But it's something that I must believe in And it's there when I look in your eyes." (my apologies ... |
| | | | Rolling, rolling, rolling. The bad news continue to roll - or rather people have convinced themselves, and others, that it's a bad, bad world out there and getting 'badder.' Pastor "prophet of the real doom" Camping's "rapture" might be coming sooner ... |
| | | | Financial planning firm Wealth Management Partners plans to tap into the growth in SMSF property investment by agreeing a deal with new property advisory service REaffirm. WA based Wealth Management Partners's investment will enable it to integrate ... |
| | | | Chi-X owner, Instinet, has launched its first dark pool product for Australian equities, at a time when regulator ASIC is looking to review the trading industry. Instinet launched its Instinet BLX Australia yesterday, which will collect multiple orders ... |
| | | | A funny thing happened on the way to the financial markets last night. There were no significant changes to the landscape - but one could sense the smile on investors' faces if one cared to look. It's risk on one more time Virginia. Wall Street's up ... |
| | | | Ratings agency Standard and Poor's is reviewing its rating methods, a move likely to lead to downgrades not only of the Big Four banks but of Australia's entire banking industry. The ratings agency has been canvassing industry opinion from around the ... |
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