Daily FNArena News

The Australian economy has never had it so good, finds NAB, as long as you’re nowhere near the south-east corner.

Chartists at Barclays remain unconvinced about the risk assets rally’s support. They’ll be watching Tuesday’s US equity action closely.

Some observations from your editor, plus the latest updates by market strategists at leading stockbrokerages.

The post-GFC bad debt pressure may be easing, but UBS notes CBA’s loan book quality is deteriorating.

This is the follow-up on Monday’s Weekly Insights. With lots of charts, as promised. Plus I threw a few other observations into the mix.

A glance through the latest expert views and predictions about commodities with JP Morgan offering reasons to remain bearish on nickel, the alumina market’s transition to spot prices and why cotton prices should stay at elevated levels.

Leucadia holds 8% of Fortescue and has opposed moves by the company to issue additional debt to raise funds, which brokers suggest has potential funding implications for the iron ore play.

Leading US funds manager BlackRock foresees authorities being forced to inflate the US out of debt and out of an increasingly likely dip back into recession.

A glance through the latest expert views and predictions about commodities with JP Morgan on base metal prices, Macquarie on zinc and Deutsche offering its Oz steel preferences.

This week’s GDP data suggest the Oz consumer is back on a spending spree, but Westpac economists believe there will be no return to boom times from the past.