25 November 2020
1300 794 893
Subscribe

News

Good News Daily

The markets could see a 1938-type recovery this year, said Barton Biggs, managing partner at Traxis Partners, which has more than $1 billion under management. "One of the reasons I'm bullish here is that I'm convinced that the hedge fund industry is in a very, very low risk, conservative position," said Biggs. "We're running a […]

Good News Daily

The 8.3% spike in consumer confidence in Australia has to be the best news in recent times. CommSec’s Craig James said: “Honestly, does this look like a recession?” And that’s a great question. 

Good News Daily

In the USA, Goldman Sachs reported better than expected and its shares rocketed up in late trading. This will give legs to the rally unless some negative news comes along over night. 

Good News Daily

Intel, the world’s top chipmaker beat forecasts with a profit per share of 11 cents, but market analysts tipped it would be as low as 3 cents a share. This was for the March quarter, which was a shocker for the US and global economy! 

Good News Daily

The Fed’s Beige Book found 5 out of 12 districts in the USA showed a moderation in the pace of contraction and that’s better than the opposite of this news! Also the Empire State Manufacturing Index was down only 14.65 but the market tipped minus 35. And the expectations index went from 3 to 33 […]

Good News Daily

Rosetta Stone, an IPO on Wall Street, overnight listed at $18 but closed over $25! It’s encouraging for a company to do that in these market-strained times. 

Good News Daily

The Dow Jones is now up 24% from its March low, while the S&P 500 is 29% higher and the Nasdaq has put on a big 32%! This comes as real consumer spending in the USA was up in the first quarter and jobless claims fell last week. 

Good News Daily

Both IBM and Texas Instruments reporting earnings per share and giving relatively positive guidance has to be seen as solid positives for those who are sweating on a second-half of 2009 economic recovery. Once that is proved, the stock market will move into a convincing bull market phase. 

Good News Daily

The Reserve Bank Governor, Glenn Stevens, conceded we are going into recession but outlined six reasons why we should be confident that it wont be, in my words, a really rough recession. This is what he said: “I suggest that Australia has a very good chance of offering an economic setting in which the following […]

Good News Daily

IT giant, Apple reporting better than expected is a great sign for the US economy and adds to the growing belief that the US economy will recover in the second-half of this year. 

Good News Daily

The US stock market shrugged off the negative IMF report by heading up, as our market did yesterday, which probably shows the respect the market has for the IMF’s prognostications. Good company reports from Apple and even a retailer such as Radio Shack are all good signs where most companies have reported better than expected. […]

Good News Daily

The Federal Reserve outlined how they conducted the "stress tests" on America’s 19-largest financial institutions and reported that most banks were currently well capitalized but would have to keep a "substantial" amount above regulatory requirements should the recession worsen. “Most banks currently have capital levels well in excess of the amounts needed to be well […]

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