19 April 2021
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Peter Switzer

Peter Switzer is one of Australia’s leading business and financial commentators, launching his own business 20 years ago. The Switzer Group has since grown into three successful companies spanning media and publishing, financial services and business coaching. Peter is an award-winning broadcaster, twice runner-up for the Best Current Affairs Commentator award for radio, behind broadcaster Alan Jones.

19 October 2009
The Empire strikes back

For people old enough to remember Nine’s sports broadcaster, Darrell Eastlake, this US company reporting week and therefore the lead for our stock market will be HUGE! And for those optimists out there who might have noted that some of the US economic indicators have wobbled a bit lately, there are still some promising signs […]

16 October 2009
Governor Stevens set to star in A Nightmare of Debt Street - the sequel

The Reserve Bank Governor Glenn Stevens continues to terrorise those in debt with a speech yesterday that confirms he has no qualms playing Freddy Krueger in his remake of A Nightmare on Debt Street 2. He said the central bank cannot be too timid when raising rates given that it was prepared to cut interest […]

15 October 2009
JPMorgan result puts the bears into hiding

It’s early days in the US reporting season and for the bears it's not good news. Some great results came out yesterday morning for optimists with Intel, the world’s greatest microprocessor producer (that’s the key thing inside your computer) beating estimates, particularly on the revenue side and their outlook call was promising. A big boost […]

14 October 2009
US recession over - or is it?

It is now official in the USA — the recession is over — and that’s a message the 15 million unemployed Americans might find a little hard to pop a bottle of champagne (or even a can of Bud) over. That said, the actual announcement of good news of that consequence really is a valuable […]

13 October 2009
Huge week ahead

These are weird times on the markets considering we have just commemorated the weekend when global financial and stock markets, as one Big Four banker CEO once told me, stared over the abyss. Ironically one year before on 9 October, both the Dow and the S&P 500 finished at their all-time closing highs. The Dow […]

12 October 2009
The great rate debate

Despite the fall in unemployment, the board of the Reserve Bank of Australia (RBA) are the biggest bunch of killjoys in the country, slugging new chums to the home loan caper with a rate rise that I think has been imposed too early in the piece. However, if they had waited until the right time […]

9 October 2009
Jobs up - but what else is on the rise?

There might have been high fives and champagne popping all-round at the Reserve Bank (RBA), following yesterday’s unemployment rate, which has, against all odds, fallen. This is massive news and it does a lot to justify the RBA’s desire to get in early to raise interest rates. Wise men say I must admit I thought […]

8 October 2009
Peter Costello - no guts, no glory

The exit stage right for Peter Costello is a significant day in both the political and economic history of Australia. Costello was a tragic hero who not enough people liked but his achievements should not be underscored. The country has been lucky in recent years to have two Federal Treasurers who really put their stamp […]

7 October 2009
Who will have the last laugh? The Three Stooges and the rate rise

The Reserve Bank’s decision to slap a surprise interest rate rise, which incidentally I tipped on the six o’clock Sky News on Monday night with the great newsreader Jim Waley, has got me thinking about those comic geniuses — The Three Stooges. More on that in a minute. A gambling man Like a tragic comedy, […]

6 October 2009
No rate rise please

My old mate, Rory Robertson, the hotshot economist and interest rate expert for the millionaire’s factory — Macquarie Bank (or Group, if you want to be precise) — has tipped an interest rate rise from the Reserve Bank. This comes as the latest ANZ job ads figures came in better than expected, which is just […]

2 October 2009
Shares on the nose?

There's a stench that some people seem to smell about shares, and the perceived pong has been pumped up thanks to the Global Financial Crisis, but it really worries me that poor old stocks are on the nose for the wrong reasons. The penny dropped when I was talking to Matt Abraham on 891 ABC […]

1 October 2009
Super slackness

Newspapers ran with the wrong heading this week, when they screamed that: “Super fees cost savers $14 billion a year!” The more accurate headline should have been: “Ignorance, laziness and scabbiness is costing savers more than $14 billion a year.” (I don’t like being so mean and insulting but sometimes you have to be hard […]

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