Daily FNArena News

The Westpac-MI Leading Indicator for October was once again above its long term trend, indicating economic growth should be strong into 2008.

The Dow closed up 65 points after the ECB injected no less than US$500bn in two-week credit.

If RAMS was the victim of credit crunch wave #1, Centro is the victim of wave #2. But did wave #1 ever pass?

JP Morgan is far from the only one to cover The Mac, but other experts are equally positive about the stock.

The latest survey into Australian manufacturing has shown continuous buoyant prospects, with potential additional headaches for the RBA next year.

Wall Street’s mood has turned decidedly sombre as fears of a recession gain further traction. The Dow fell 172 points.

Australian banks have responded to ever widening credit spreads by raising their business loan rates. Mortgages will probably follow after Christmas.

CommSec gives its view on a wide range of issues that will dominate the Australian landscape in 2008.

Unfortunately there’s still plenty to be worried about on the US economic data front this week.

The Dow fell 178 points last night on a higher than expected CPI and more general doom and gloom.