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| | Houses continue to burn in America. Yes Virgie, we learned yesterday that no one wanted to buy old houses (existing homes) in the States after the government stopped giving would-be homeowners free money. Last night, we found out that neither were they ... |
| | | 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 ... |
| | | ow that's more like it! It feels good doesn't it? This may be the one we've been waiting for when something, somehow happens that short circuits the cycle of fear that had been feeding on itself for months now. Although, he didn't say much that the ... |
| | | ... The S&P 500 index shot up by 2.6 per cent and the Dow jumped by 2.3 per cent following good news on the US housing market. Ahh! Investors are back to watching US fundamentals now. US pending home sales rose by 6 per cent in April - better than the expected ... |
| | | It's a wrap! Once again, the age-old adage "sell in May then go away" re-asserted itself in 2010. It may be the "Year of the Tiger" in the Chinese calendar but for financial markets May is easily the "Month of the PIGS". With only one trading day to ... |
| | | "Three coins in a fountain... which one will the fountain bless?" ( Frank Sinatra) It was a down day again on Wall Street overnight. It followed an up day that trailed a down day. Chances are, other markets would follow suit. But under current circumstances ... |
| | | ... your super contribution if you have superannuation. You only have superannuation if you have employment (or self-employed). Ahh...the price paid for being too clever by half. But amid all these speculations, this is not yet a done deal. Again, I call ... |
| | | So what was the hulaballoo of the past two days all about? It's now looking like too much ado about Greece, and Portugal, and Spain, and... Smokin'! What worries me more is the 25 per cent increase in tobacco tax by Krudd and the Reserve Bank of Australia ... |
| | | Bohh...ring! And I woke up early for this! There were some after-party celebrations to the bull market's one-year anniversary - but only just. Wall Street closed higher -- Dow up 0.03 per cent, S&P 500 up 0.5 per cent and Nasdaq up 0.8 per cent. As ... |
| | | ... mid-afternoon. What's a poor finance reporter to do now? I've already written my market wrap and just waiting for the closing bell. Ahh! Here you go. Thank you Mister President. Wall Street fell led by healthcare and bank stocks as Obama stepped up his ... |
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