Daily FNArena News

The Dow bounced back over 100 points on Friday, deciding that Thursday’s sell off was overdone and the PPI was enough reason to buy.

With the Government’s Future Fund looking likely to be fully funded, the issue of broadening its scope to invest in other areas should become a point of debate leading into this year’s election.

Merrill Lynch’s Vicky Binns doesn’t believe BHP is in the market for Rio. She made a few observations at a conference in Dublin.

A pullback in the Dow is no great surprise but the gold market had become just too long.

Australia’s unemployment rate is at 32-year lows, suggesting the RBA’s tightening bias will remain in place and rates will go higher before they come down.

What do you do if sales of bowling uniforms aren’t working? Buy into uranium exploration of course!

Fast growing telco minnow M2 has applied the accelerator to its FY08 outlook, but investors may find it hard to jump on the runaway train.

Danske Bank remains positive on the outlook for the global economy over the next 12-18 months, though it sees upside risk to interest rates.

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Weekly musings from your editor.