US Jobs News Bad
Unemployment in the US and Europe continue to rise to levels not seen for a decade or more.
The US Labor ... read more
Trade Deficits Are Back
Another monthly trade deficit with those lazy, hazy days of summer and the big trade surpluses banis ... read more
Worried? Read This
There is a long “worry list” being thrown up in regards to the outlook for shares and other growth oriented assets ... read more
Midday Market Roundup 02/07/09 The market is up 29. We were up 36 at best. The SFE Futures were up 16 points overnight.
Dow Jones closed up 57. ... read more
Recessionary Fears Weigh On Wesfarmers’ $4 Billion
The global sub-prime crisis and this week’s recessionary fears have rehashed concerns about Wesfarmers' (WES) ability to refinance almost $4 billion in debt by October, with the ... read more Aluminia Cuts Underlying Earnings Forecast
Shares in aluminium producer, Alumina (AWC) fell on Thursday after the company said it cut its underlying earnings for financial year 2007 to $409 million from previously estimat ... read more ASX Falls On US Recessionary Fears
Last updated at 1:30PM AEST January 7.
The Australian stock market has opened significantly lower today following a tumble on Wall Street last Friday, as a sharp rise ... read more
Oil: Good And Bad News: Gas Worries?
Almost a year ago (actually a week tomorrow) world oil prices reached what would turn out to be their peak: $US147.47 a barrel in New York for the key marker crude traded in ... read more US Second Quarter Earnings Loom
Next week the US second quarter profit reporting season starts with Alcoa popping up Wednesday night, our time.
While the actual figures will be important, what will be mo ... read more The Australian Economy Will Do Better
Suddenly we can see sunshine ahead for the Australian economy, or so it seemed yesterday.
Comments from the OECD and the IMF told us that Australia will have the best ... read more
Clive Peeters Misses The Retailing Surge
Melbourne-based whitegoods group, Clive Peeters seems to be one retailer which missed the stimulus boom.
The company is facing a 2009 loss, dividend will be skipped and th ... read more Hastings Goes To Market
Hastings Diversified Utilities Fund (HDF) went into a trading halt yesterday after deciding against selling assets to raise cash in favour of a $250 million capital ... read more MIS Schemes Depressed
The trials and tribulations of the managed investment scheme sector in recent months have taken their toll on some of the remaining players in the sector.
Gunns Ltd, Elder ... read more
Gindalbie Minerals-Ansteel To Settle This Week
All those claims that Rio Tinto's rejection of Chinalco, the Chinese Government-controlled aluminium giant, would see investment from China halted, have proven to be false.
... read more Steel Green Shoots
More grass shoots, this time in the depressed global steel industry.
Like other shoots of this colour, it’s not the greenness that's important, but the potential longevity ... read more Rio Tinto’s Aluminium Test
When Rio Tinto gets its refunding out of the way and sorts out its relationship with Chinalco and China, it will have to once again confront the reason for its problems: the ... read more
US Jobs News Bad
Unemployment in the US and Europe continue to rise to levels not seen for a decade or more.
The US Labor Department reported that June unemployed jumped by 467,000, far ... read more Trade Deficits Are Back
Another monthly trade deficit with those lazy, hazy days of summer and the big trade surpluses banished by the downturn in iron ore and coal prices, while the slump ... read more The Economy: A Mixed Picture In Australia
The slowdown continues, as does the confusion for those wanting a clear picture on what's happening in the wider economy and want it straight away.
Such clarity is un ... read more
Qantas Booms, Your Say On That Bid
And finally, apart from last year's Telstra T3 sale nothing has generated reader reaction like the Qantas bid did. Thankfully
it is over but Qantas can benefit from the experien ... read more Your Say On TLS, Drought, Interest Rates And More
A mixed group of comments from T3, to the drought, to the Rinker battle and several other situations.Here’s a selection of the best comments from the last two week’s comments on ... read more Air Blog
Telstra remains the big issue for the Air Blog commentary and this week it was joined by the drought.Here's a selection of the week's postings.Watch The Drought: the Yanks Are!By ... read more