As Western economies struggle with the GFC, China is emerging to challenge US hegemony faster than even China may have thought possible.
Signs are emerging the US housing market has bottomed but in the view of TD Bank Financial Group any recovery in prices is likely to take some time.
Britain’s new budget deficit drives home the severity of the recession in the nation of shopkeepers.
No weekly musings from your editor this week, but Rudi On Thursday will resume as normal next week.
Weekly musings by your editor. Today’s market is all about investor sentiment and less so about economic data or corporate profits.
The US leads the way in terms of economic data releases next week and quarterly production reports continue for Australian mining companies, while Wesfarmers and ANZ Bank will update shareholders.
Weekly musings by your editor. My sequel to Monday’s analysis of head-and-shoulders patterns received a macabre twist on Wednesday.
US reporting season continues and should attract most investor attention in what is a relatively quiet week in terms of economic data releases.
One US bank analysts suggests loan losses will exceed those of the Great Depression. Not all agree. Australia, nevertheless, should take note.
Weekly musings from your editor. A share market bottom in the September quarter?