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| | | 'Twas another big night on Wall Street as the countdown to Thanksgiving Day begins. And the Fed would have it no other way. But first let's take a look at the hard data. Give thanks for Americans are again buying houses. US existing home sales jumped ... |
| | | | "Significant challenges remain. The flow of credit remains constrained, economic activity weak and unemployment much too high. Future setbacks are possible." With these words Virginia, Benny Bernanke again set the market for risk assets alight. Equities ... |
| | | | Steady as she goes! The US Federal Reserve maintained its course as it tries to guide the US economy out of stormy waters. There we have it Virginia, the much-awaited, much speculated US Federal Open Markets Committee (FOMC) meeting produced nada. By ... |
| | | | Let's leave hard US economic data aside for today. There's not so much we can gather from them these days anyway and perhaps for a few more months to come. Yes, Virginia. The economic numbers have become boring. Day after day, month after month, we ... |
| | | | Sucked in...again! Who was? Is? Will be? As the Dow Jones Industrials Index flips and flops on both side of the 10K divide, talk of a 'sucker's rally' have resurfaced. But it could also easily be a 'sucker's correction.' Readers who have been following ... |
| | | | ... briefing late on Wednesday. Aurium Resources Ltd holds a general meeting and RMG Ltd holds its annual general meeting. Virgin Blue Holdings chief executive Brett Godfrey will address the National Aviation Press Club. Grocon Pty Ltd chief executive Daniel ... |
| | | | Caution removes caution. Just as the G-20 announced their caution in removing the fiscal and monetary crutch until the global economy is walking on its own, the word 'cautiously' in the 'cautiously optimistic' is fast disappearing in many an investment ... |
| | | | You know Australia is back to normal when "they will, they won't" speculation on interest rates returns a major sport. This is usually accompanied by "they will earlier, they will later" betting with every economic data release providing evidence for ... |
| | | | There's no point in us lurking around Wall Street this month. All the good news has been priced in. Perhaps. Perhaps not. This may well be - as I've discussed yesterday - the curse of September at work, where the line of least resistance is to give ... |
| | | | ... new capital expenditure and expenditure data for June quarter. Companies reporting annual results include Woolworths Ltd, Virgin Blue Holdings Ltd, Crown Ltd, Village Roadshow Ltd, Toll Holdings Ltd, Country Road Ltd, Ramsay Health Care Ltd, Macquarie ... |
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