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| | | Look ma, Uncle Ben's coming bearing more funny money tomorrow! More free money whoopee! Wall Street rose last night salivating over expectations that tonight's meeting of the Federal Open Market Committee (FOMC) would conclude with a kinder surprise ... |
| | | | Double-dip here we come! Yes Virginia, we're on our way back to the abyss. This, if you believe the talking heads and the written words on the financial media after the latest update on US employment hit trading screens last Friday night. The numbers. ... |
| | | | Be there or be square! No Virginia, investors weren't there on Wall Street last night, but they've more than squared (their positions). This morning's news tell the story of selling on Wall Street because of -- according to The Age - " A surprisingly ... |
| | | | Out with the old (news), in with the less older. Yes Virginia, this is the way that economic data are tumbling these days. But overall, they confirm the weakness of the ancient second quarter economy, an improvement in the current one and perhaps even ... |
| | | | There you go. I guess the economic outlook does not "remain unusually uncertain" now. This is if you believed yesterday's headlines that the cause of Wall Street's fall the previous day was because of Ben Bernanke's statement that, "the economic outlook ... |
| | | | Just as Queensland boxer Paul Briggs gave up too easily after Danny Green grazed his forehead 29 seconds in the first round of their IBO cruiserweight world title showdown last night, so it was for Wall Street. No Virginia, it didn't take as short as ... |
| | | | ... where they started the day -- at $1.03 -- despite the company's denial that it had actually bought any shares in airline Virgin Blue causing a brief flurry of excitement and a 1c lift in the share price. The benchmark NZX-50 index fell 16.6 points to ... |
| | | | "If you don't like something, change it. If you can't change it, change your attitude." Maya Angelou Asia is up, Europe is up, Wall Street is up... for three days straight. But what has changed? Nothing really except for investors and speculators getting ... |
| | | | It was another ho-hum moment on Wall Street overnight. The Dow went down less than 1 per cent, then up less than 1 per cent, then closed 0.1 per cent higher. The same goes for the S&P 500 index... well, almost. It went down less than 1 per cent, up ... |
| | | | And so it came to pass... a revaluation that's not a revaluation, greater yuan flexibility that's not. Just as you've read on this space yesterday, "experts" were falling all over themselves - and then some - euphorically welcoming China's revaluation ... |
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