Business News
INSIDE MARKETS
Australian shares fall on investor caution
Australian shares have fallen as investors nervously wait for an update on economic stimulus measures in the United States. The market fell by as much as nearly one per cent during the day, in line with falls on other Asian markets and after the minutes from the latest Reserve Bank of Australia board meeting...read more >
US stocks jump ahead of Fed meeting
US stocks have surged a day before the Federal Reserve begins meeting to review monetary policy, with expectations mounting that it will...read more >
Australian shares post 2% gain in a day
The Australian market had its best day in nearly 18 months as investors decided its month-long slide had gone far enough. Strong...read more >
US stocks surge, dismissing Japan’s plunge
US stocks gained their footing after a rocky start on Thursday to put on strong gains in their first positive day this week, shrugging...read more >
THE DAILY WORD with Peter Switzer
Who’s afraid of QE3?
Wall Street continued to show that it was less afraid of quantitative easing (QE) tapering than we are with the Dow up 138.38 points or 0.91 per cent to 15,318.23 and the S&P 500 12.77 points or 0.78 per cent higher to 1651.81. So what is going on? Yesterday, on a day when our market should have gone up, the Reserve Bank (RBA) left the door open on further rate cuts and inferred... read more >
Ignore stupid recession headlines
Most regular viewers know I have been conducting a campaign against the RBA and it was driven by my fear that we would slow down to these...read more >
So what happens this week?
I’m just back from a week in Turkey — the riots started in Istanbul when I was there — and then a week in Greece when...read more >
Suddenly, Wall Street went positive – what just happened?
So, what just happened? Stocks have been slugged this week but Wall Street went positive. Wait a minute! If you took seriously the...read more >
Be warned – things will get better!
Be warned – just when many in the media will be trying to scare the pants off you about Japan, Turkey, bond yields, the end of...read more >
News, news, news: the good, the great and the unimportant
Inexplicably, stock markets seem to want to care about insignificant things such as Turkey riots and a Japanese central bank decision,...read more >
Notes from Turkey
Last week was spent in Istanbul, the scene of dramatic riots, however the first sign that we were in a potentially dangerous situation...read more >
It's sell-off time, so when do we buy?
Regular readers know I have been waiting for this sell-off, so when do we buy back in, given this is a buying opportunity? Before...read more >
Stocks heading lower – buy time is coming
The Reserve Bank’s (RBA) stupid decision hasn’t only been underlined by the poor economic growth numbers, that in all truth...read more >
Can’t deal with RBA, so let’s talk Turkey
The Reserve Bank (RBA) has again run the risk of being called a turkey after leaving rates on hold, yet implying it’s ready and...read more >
Go on Glenn, cut again!
They say a week in politics is a long time as our Prime Minister has found out for too many weeks over the past two and three quarter...read more >
Dow drops 209 points – the start of something scary?
Wall Street endured a sizeable sell-off with the Dow down 208.96 points while the S&P 500 lost 1.43 per cent in a single session. So...read more >
Stock market clash ahead: nervous nellies vs. buyers
What we’re seeing right now on the stock market is the pullback that was overdue, but the only head-scratching development, or...read more >
Darker share price clouds on the horizon
As the old saying goes — a picture paints a thousand words — well, the chart below doesn’t need a thousand words as it...read more >
Forget pollies’ rip off – focus on the main game
I know the pollies’ rip off is another annoying issue where they could steal $20 million from the public purse but for you...read more >
Aussie wages killing our country
Anyone shocked that Ford is heading for the exit door really shouldn’t be. Most of our manufacturers have been under pressure for a...read more >
I’m in a buying state of mind
For those who are too worried that the latest fall in stocks — around 261 points since Treasurer Wayne Swan revealed his Budget...read more >
Why are the Yanks positive while we’re negative?
The big question bugging local investors has to be — why are the Yanks so positive on stocks now while our “markets are in...read more >
The curious case of Benjamin Bernanke
If you’re asking if our 100-point sell-off on the stock market yesterday was an overreaction, I’d have to say...read more >
Why Aussie stocks lag Wall Street
At long last Wall Street has had a negative night — but it was not dramatic — and you can bet our stock market will follow...read more >
Kill QE, kill rally? Nope!
Another day on Wall Street and the bulls are still in control, but will they keep running when the Federal Reserve starts to taper the...read more >
Dow to reach 20,000 – can you believe it?
Could the Dow Jones — the most looked at stock market index in the world — really make the 20,000-level in this bull market?...read more >
It’s not All Too Hard, it’s More Joyous!
Wall Street hit new record highs and consumer sentiment spiked incredibly higher over the weekend, which moves us closer to a time when...read more >
Abbott deserves a Tony Award for that speech!
The Abbott reply to the Budget has cut the ribbon on a four month election campaign but if the Opposition leader can maintain the...read more >
When do we dump stocks?
Despite some challenges overnight on Wall Street, again the Yanks have finished in positive territory. So, what gives with this...read more >
Abbott’s budget reply: is he really trapped?
When the Treasurer let us know that the promised surplus of $1.5 billion ended up being a $19.4 billion deficit, and this will be...read more >
Budget 2013: what are the real issues?
I know the normal person cares about the hip-pocket effect of the Budget and there will be plenty of coverage of those dramatic issues in...read more >
Labor’s trap for Tony Abbott
The Gillard Government in its third Budget and its Treasurer’s sixth economic effort has come up with a political document, just...read more >
Call me irresponsible - should this be Swan's Budget song?
Last year Treasurer Wayne Swan was too responsible and was tricked by Treasury’s less than accurate forecasts for economic growth...read more >
The Budget – what has been leaked?
It’s leak time — that’s what the weeks and days before the Budget have become as the propaganda experts try to massage...read more >
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