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Economics

Market Wrap - Morning

AAP  |  FRIDAY, 14 AUG 2009
The Australian sharemarket is expected to open higher after US stocks gained, despite disappointing news on retail sales and jobs.

Market Wrap - Midday

AAP  |  THURSDAY, 13 AUG 2009
The Australian sharemarket was higher at noon on hefty gains in the financial sector.

All aboard

BENJAMIN ONG  |  THURSDAY, 13 AUG 2009
Economic fundamentals favour risk assets. Sure, we are yet to see growth with a plus sign in front in many of the biggest economies of the world. But they have been steadily heading there over the past few months.

Market Wrap - Morning

AAP  |  THURSDAY, 13 AUG 2009
The Australian sharemarket is expected to open higher after US stocks rose after the Federal Reserve said the economy was stabilising.

Market Wrap - Midday

AAP  |  WEDNESDAY, 12 AUG 2009
The Australian sharemarket was higher at noon, buoyed by the banking sector but weighed by resources.

Irrationally exuberant greater fool

BENJAMIN ONG  |  WEDNESDAY, 12 AUG 2009
Irrational exuberance? Greater fool? Along with dead cat bounce and my own September mourn, these slogans came back to haunt Wall Street overnight.

Market Wrap - Morning

AAP  |  WEDNESDAY, 12 AUG 2009
The Australian sharemarket is expected to open in the red after US stocks fell overnight on a recurrence of investor anxiety about the US economy.

Market Wrap - Midday

AAP  |  TUESDAY, 11 AUG 2009
The Australian sharemarket had dipped into the red at noon, pulled down by resources but supported by the banks.

September mourn

BENJAMIN ONG  |  TUESDAY, 11 AUG 2009
'Twas only yesterday I was pondering the timing of when the bouncing dead cat would hit the ground again. For as adamant as the dead cat bounce camp is that the deceased feline will hit the ground with a thud one day - someday - I asked, "when exactly?"

Market Wrap - Morning

AAP  |  TUESDAY, 11 AUG 2009
The Australian sharemarket has received a weak lead from US equities, which dipped on profit-taking after a four-week rally.