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| | SYDNEY - The Australian market looks set to open flat after Wall Street fell amid lingering doubts over Spain's bailout package. At 0810 AEST on Thursday, the June share price index futures contract was up one point at 4,065. In economic news on Thursday ... |
| | | We're in trouble now... big trouble. That's the ugly picture painted by the latest US non-farm payrolls report and Wall Street's reaction to it. The S&P 500 fell by 0.94%, the Dow by 0.96% and the Nasdaq by 1.30% the day the US Labor Department released ... |
| | | ... the Fed might have added to the tail risk that is the "fiscal cliff" that's coming America's way at year's end. As The Economist magazine eloquently put it: "... by extending the expiration date of the programme to December 31st, the Fed accentuates ... |
| | | ... worried that they're willing to lend at very low rate for a very long time to America. The country, which based on The Economist magazine's forecast, will have a budget deficit of 7.6% of GDP this year - slightly better than the 7.8% deficit expected ... |
| | | ... Say what? Yes, the government that is now paying top euros (6.3% on 10-year bonds) for debts and the one which "The Economist" magazine predicts will be running a budget deficit of around 5.9% of GDP this year is playing Robin the Hood(lum) - taking ... |
| | | ... yes, there is a but. Lest I be accused of cherry picking, I now bring you the but. The but. That institution which The Economist magazine says is "perhaps the only organisation to give advance warning of each of the past three recessions; just as impressive ... |
| | | ... professor of finance at Arizona State University, just published in the Social Science Research Network and reported by The Economist news magazine. "We find that a long list of investment biases, eg, the reluctance to realise losses, performance chasing ... |
| | | ... strategy for the region." Prior to joining AustralianSuper, Joske was director of the China Forecasting Service at The Economist Intelligence Unit, where he managed economists and econometricians to provide advice to companies on the factors driving ... |
| | | ... pretty well," according to Baur. If we see the US economy accelerate this year it will be driven by manufacturing, the economist maintained. "Companies are moving back to the country to build their next plant or expand production in the United States. ... |
| | | Australia's economic position in a global context was up for discussion at the Financial Standard's Chief Economist Forum in Sydney and Melbourne this week. Speaker Tim Harcourt, chief economist for Australian and Global Economics at the UNSW Australian ... |
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