Business News

THE DAILY WORD with Peter Switzer

It's earnings vs. Ebola, and earnings are winning
Earnings is beating Ebola but Doctors Without Borders could be Doctors Without Brains, and they could KO stocks!
The stock market fell on the Canadian shooting
by Peter Switzer The big and tragic story of the morning is the Canadian shooting of a soldier at that country’s war memorial...read more >
It’s goodies vs. baddies, and the goodies are winning!
by Peter Switzer Don’t fight the Fed! It’s an oldie but a goody! It really is a complete economic disaster and,...read more >
Stocks up again, so why are our leaders so negative?
by Peter Switzer Positivity was still fashionable on Wall Street but I did wake up to the unusual sight of the Dow down, but the...read more >
Dow up big time
by Peter Switzer Stand by for a great day for stocks, with Wall Street going extremely positive on Saturday morning our time. The...read more >
Buying stocks – do you feel lucky, punk?
by Peter Switzer Once or twice a year I have to pull out my Dirty Harry line, which goes like “ do you feel lucky punk, well...read more >
Dow down a whopping 458 points, but things changed!
by Peter Switzer I spent two hours on my morning walk with my two trusted companions trying to work out how I’d explain and...read more >
Shut the F up!
by Peter Switzer Fortunately, the collective mentality of Wall Street was smarter than one of the country’s brightest...read more >
Is the stock market headed for another fall?
Oil prices continued to slip overnight and the Dow oscillated between positive and negative territory, along with the S&P 500....read more >
What Bill Shorten could learn from Russell Crowe
by Peter Switzer This might sound weird but recent events have made me think that Opposition Leader Bill Shorten needs to take a...read more >
Correcting the correction on a correction
by Peter Switzer Correction! My correction about a possible correction may now need to be corrected! Why? Well, try a 334.97-point...read more >
Correction – no correction. Stocks surge again!
Just when you were wondering if the Yanks were going to endure their first correction for over three years after the Dow Jones lost 272...read more >
Is this the overdue US correction?
by Peter Switzer I’ve just returned from my morning walk — two hours tackling the biggest hills we can find with my wife...read more >
Jobs and higher stock prices coming
by Peter Switzer Overnight, our dollar has gone from a level of 86.99 US cents when I did my 2GB finance report at 2:30 pm on Monday...read more >
Grand final or jobs report? Go jobs!
by Peter Switzer I know in Sydney, for many, the focus is on Sunday’s NRL grand final. Rugby fans are hoping we can give it to...read more >
Now Ebola is hurting stocks!
by Peter Switzer Fears of an Ebola outbreak in the US has hurt the stock market, with the Dow Jones index down 238.19 points (or 1.4...read more >
Housing bubble talk is bull dust
by Peter Switzer Today we get the latest installment on the drama that has become: HOUSE PRICES!  And a group of desperate...read more >
What's important – Hong Kong protests or a five-year bull market?
by Peter Switzer Protests in Hong Kong hit Wall Street at the opening, with the Dow down 178 points. In the end, however, it was a...read more >
Pray that good bad news comes fast
by Peter Switzer This week could be a case where good news leads to bad news that should bring good news more quickly! What? At this...read more >
Bad news shows up, Wall Street spits the dummy
by Peter Switzer Volatility is back with the Dow down over 200 points and it means the index has had triple digit moves four days in...read more >
Will the Aussie stock market pass or fail today?
by Peter Switzer Today is our stock market’s big test, with the Dow up 154 points (or 0.9 per cent) breaking a losing streak...read more >
Dow down! Should I worry?
by Peter Switzer Every morning journalists, economists, market experts and investors have to come up with some reasons why the Dow,...read more >
Stocks sliding now but fear October!
by Peter Switzer Our stock market has been on a slide in September and the main reason is that the greenback is going up. As the...read more >
The Alibaba story says: don't give up on stocks!
Well, the week that could have been a shocker for stocks – with Scotland, the Fed, and the European Central Bank (ECB) all coming...read more >
Fight fear and stick with the banks
For anyone worrying about our stock market that lost about 2% this week, well, simply blame it on the dollar. Whatever you do,...read more >
Yellen chickens out and Aussie mortgage holders should cheer
Well, the most powerful woman in the world chickened out. She squibbed it. She panicked in the face of the pathetic traders on Wall...read more >
Two little words move stock markets
One day when the Yanks can’t escape from the conclusion that the punchbowl (that’s QE3 and interest rates near zero) will be...read more >
Down, down, the dollar heads down
by Peter Switzer Down, down the dollar is down and it will be a boon to the economy and, eventually, the stock market. However,...read more >
Be a braveheart this week and don't worry
by Peter Switzer This is a crazy week where stock and foreign currency markets could really do something strange. And you won't be...read more >
121,000 jobs created and the media ignores them! Why?
by Peter Switzer What if we created 121,037 jobs and the media either ignored this number or simply didn’t trust it? Well, I...read more >

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