Saturday Sanity Break, 14 April 2012
Fears about the solvency of Spain and Italy have forced up the funding costs of the Australian banks.
Rate cut inevitable?
Just as we were congratulating ourselves on our conservative approach to share investing, US markets surged.
Friday, April 13, 2012
Jobs, inflation expectations contradict rate cut pressure; Australia's missing sovereign wealth fund
ABS jobs data and Melbourne Institute inflation expectations confound the pessimists.
Thursday, April 12, 2012
Save the steelworkers
'THE Australian Workers Union wants the government to expand its minerals resources rent tax to slow the mining boom, lower the value of the dollar and alleviate the worsening crisis gripping the steel and manufacturing sectors'.
Wednesday, April 11, 2012
Share price correction welcomed
'Stocks are suffering their worst stretch of the year. Many investors say it's about time'.
Tuesday, April 10, 2012
Saturday Sanity Break, 7 April 2012
The coming Eurozone crisis
Good Friday, 2012
An Easter reflection
Financial regulatory reform
The response of regulators to the global financial crisis has been partial, fragmented and ineffective.
Thursday, April 05, 2012
Well, b##ger me
The commentariat almost to a man have interpreted the RBA's statement as suggesting that a good inflation outcome in late April will lead the RBA to make a rate cut following its Mayday meeting, in anticipation of a 'responsible budget'.
Wednesday, April 04, 2012
Monetary policy on hold
I have no doubt that many people are doing it tough. This itself is no reason to cut interest rates.
Tuesday, April 03, 2012