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Economics

RBA to raise rates in Wayne's world

BENJAMIN ONG  |  TUESDAY, 7 MAY 2013
In Wayne's world, if budget surpluses equal rate cuts, deficits equals?

Market Wrap PM

AAP  |  MONDAY, 6 MAY 2013
The Australian sharemarket has opened more than one per cent higher after strong US jobs numbers pushed American stocks to a record high and helped miners outperform the market.

Warren Buffett praises Fed stimulus measures

MARK SMITH  |  MONDAY, 6 MAY 2013
Legendary investor Warren Buffett praised the US Federal Reserve's monetary stimulus measures at the Berkshire Hathaway annual shareholder meeting in Nebraska.

Losing triple A by trying to maintain AAA

BENJAMIN ONG  |  MONDAY, 6 MAY 2013
I may be crucified for saying this but it might be time for the Australian government to go counter-cyclical and lift spending and watch the deficit rise.

Market Wrap

AAP  |  MONDAY, 6 MAY 2013
The Australian market looks set to open higher after gains on Wall Street amid solid reports on housing and consumer confidence.

Market Wrap PM

AAP  |  FRIDAY, 3 MAY 2013
Australian stocks have opened higher as market players cheered strong results from Westpac and Macquarie.

May Day happy day

BENJAMIN ONG  |  FRIDAY, 3 MAY 2013
It's swung from May day mayday to May day happy day in a span of less than 24 hours. Must be all those algos reading those cheery headlines overnight.

Market Wrap

AAP  |  FRIDAY, 3 MAY 2013
The Australian market looks set to open higher following strong gains on Wall Street after an expected European Central Bank interest rate cut and a surprisingly good US jobless claims report.

Market Wrap PM

AAP  |  THURSDAY, 2 MAY 2013
The Australian market has opened lower as lacklustre Chinese manufacturing data impacts mining stocks.

May Day mayday

BENJAMIN ONG  |  THURSDAY, 2 MAY 2013
It's the 1st of May for our brethrens in the US and Europe and right on cue we got a sprinkling of nasty data sets that sent Wall Street down last night, reminding you, I and Irene that this maybe another May to sell and go away.