27 September 2020
1300 794 893
Subscribe

News

Inside Markets

A good day on Wall Street with even retailers reporting a bad December quarter but everyone expected that. Signs of improvement were small but there was enough to send many shares up. In fact most Dow stocks went up. The big trigger was a submission to Congress by the Chairman of the Federal Reserve, Ben […]

Inside Markets

The failure of the US leadership to explain the sufficient details of the bank recapitalisation plan once again disappointed the market but it was not a major drama. After being down early the market went up, but close to the closing bell the market sold off. There’s no conviction either way, but when in doubt […]

Good News Daily

US central bank boss Ben Bernanke had a good day before a Congressional hearing into his actions and came out of the experience with pats on the back from the media. It’s highly likely he will be re-appointed to his job and that’s a good thing. The world does not need a new chum running […]

Inside Markets

The bears were given another lesson on Wall Street with the Dow putting on a 2% gain. And again the US economy has helped the market head upwards. The Dow rose 172.54 points or 2.08% to 8,472.4. The Nasdaq put on 37.20 points or 2.08% to 1,829.54 The S&P 500 added 19.32 points or 2.14% […]

Good News Daily

US durable goods numbers rose three times better than expected and the OECD tipped Australia would roar out of the economic downturn and grow by 2.4% in 2010. 

Inside Markets

Another down day but the sell-off has not been convincing on Wall Street. In fact, the Nasdaq and the S&P 500 ended up in positive territory! The Dow dropped 23.05 points or 0.28% to 8,299.86. The Nasdaq gained 27.42 points or 1.55% to 1,792.34. The S&P 500 rose 5.84 points or 0.65% to 900.94. The […]

Inside Markets

The pullback I have been talking about for at least a month now looks to be in train, but the question is how far does it come back? The fears today that Wall Street traders used to justify their sell-off was the World Bank downgrade for global economic growth. The Bank has raised its global […]

Good News Daily

The World Bank has upgraded China’s economic growth for this year from 6.5% to 7.2% and that has to be good news for Australia as a key supplier of vital raw materials to the third biggest economy. 

Inside Markets

 These are crazy times when financial stocks can actually rise in the USA — and that’s something all optimists have been waiting for — and then the market goes lower on drug stocks hit by Obama’s changes to health care! Of course, the market still has not heard what it wants to hear — a […]

Good News Daily

Despite the worst economic growth rate since 1982 — minus 6.25% on an annualised basis — the Dow Jones index only fell 1.5%. This suggests that while share prices could still go a bit lower, the willingness to sell off madly has waned since the start of 2009. A bear market rally soon would not […]

Good News Daily

AMP’s chief economist Shane Oliver still thinks the S&P/ASX 200 will finish at 4,500. This is one for those who are wavering and getting close to capitulation! 

Good News Daily

In case you are feeling like running to cash, consider this — there are experts who are optimistic. "We think the economy probably bottomed in January," David Magee told CNBC.  "We look at the quality spreads and the bond market, we see the default risks have fallen, and with that, we think that the economy's […]

Get the latest financial, business, and political expert commentary delivered to your inbox.

When you sign up, we will never give away or sell or barter or trade your email address.

And you can unsubscribe at any time!
Subscribe
1300 794 893
© 2006-2020 Switzer. All Rights Reserved. Australian Financial Services Licence Number 286531. 
homephoneenvelopedollargraduation-cap linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram