22 October 2020
1300 794 893
Subscribe

News

Good News Daily

Local economist, Clifford Bennett from Kinetic Securities has called the end of the bear market! This is not an easy call to make, so let’s hope he has the best crystal ball in town! 

Good News Daily

The Dow Jones was up 9% last week, while the S&P 500 went up 10.6%, matching the NASDAQ. I will curb my enthusiasm but the better noises coming out of the White House and the G20’s finance ministers’ resolve to beat the GFC — global financial crisis — was another promising sign. 

Good News Daily

The latest reading of business lending for January showed a 6.5% jump following a 4.5% lift in December. Business borrowing is a good future indicator that recession talk has not completely spooked Aussie businesses. 

Good News Daily

Despite a lot of negative news, especially on jobs, Goldman Sachs chief US economist, Jan Hatzius, expects a 2nd half of 2009 economic recovery but he thinks more stimulus is needed to sustain any recovery. 

Good News Daily

Better than expected new home sales in the US, along with better durable goods figures were the highlights today from the US economy. "Sales remain incredibly weak but, as with the existing sales numbers, we are prepared to hazard the view that the post-Lehman meltdown is now over and the market is stabilizing," said Ian […]

Good News Daily

 The Nasdaq Index is now in positive territory for the year. It’s only 0.6% but it’s a very encouraging sign and US mortgage rates are now at record lows of 4.85%, which will help a US economic recovery.

Good News Daily

The CNBC website reports that a bear has become a bull. Brown Brothers Harriman's Brian Rauscher, has told his clients he now sees the "proverbial glass half full instead of nearly empty" and they should prepare for a rally for at least the next three to five months.  That does not mean the market will […]

Good News Daily

New home sales in Australia rose by 3.9% in February after soaring by 8.3% in January. Detached home sales rose by 4.7%. (CommSec)  

Inside Markets

Despite a worse than expected economic growth result for the USA in the fourth quarter, Wall Street only dropped around 1-2%. And while it was a low drama response, the fact that the market still drifts down is a concern. The Dow Jones lost 1.5% to 7,067.   The Nasdaq dropped 1% to 1,377.   […]

Inside Markets

  After this daily report, please see my note to clients. Stocks in the US made a bad start to March, ending at 12-year lows, after insurance company, AIG, recorded a huge quarter loss that’s added to fears about the financial sector and the US economy. The Dow Jones dropped almost 300 points, or 4.2 […]

Inside Markets

The best bit of news was that US Secretary Tim Geithner spoke before Congress and so did Fed Chairman Ben Bernanke, and they did not spark a market sell off. Also the central bank launched its program to get credit to consumers and small business, which will help the economic recovery that will ultimately bring […]

Inside Markets

A four-day losing streak was broken with Wall Street heading in the right direction. Good economic news out of China and the announcement that another stimulus package is to be made gave bulls a chance to beat up on the bears. The Dow Jones rose 150 points or 2.2% to 6,876.   The Nasdaq put […]

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