3rd Jul 2009


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"Moderation in economic growth appears to be continuing, partly reflecting a cooling of the housing market," said the Federal Open Market Committee


  • 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: $U ... 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 ... 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 ... 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
  • 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 wid ... read more
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    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

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