Daily FNArena News - FYI

Weekly musings from your editor. Banks or resources? Find your answer inside.

A recent article by former FED governor Frederic Mishkin suggests asset bubble creation is an economic policy tool but CIBC questions whether this is good policy.

Noted bear SocGen has told clients to prepare for a possible global collapse over the next two years.

Weekly musings from your editor. Despite all the dangers, uncertainties, and lots of noise, the underlying trend for equities is up.

While some in the market see US unemployment hitting 12-13% in coming months Morgan Stanley disagrees, expecting the measure will soon peak at around 10.5%.

While the neighbourhood of 10% was expected to be the peak for US unemployment, fears are growing that it could push to 12% and beyond.

Weekly musings from your editor. Are investors looking at the right message while the markets are correcting?

US unemployment flew past 10%, but investors shrugged off the bad news seeing stocks post some minor gains. Dow up 17 points.

BIS Shrapnel suggests Australian mining investment will reach record levels in four years, driven by multi-billion dollar projects in a number of sectors.

Weekly musings from your editor. Short term pain, longer term gains for the share market? Value is in the eye of the beholder.