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Previous Stories

Who Cares About Subprime Losses?

Dec 11 2007

The Dow rallied 100 points last night despite another big subprime write-down – this time from UBS.


The Week Ahead: Enough Said

Dec 08 2007

Fed rate decision.


Fair To Middling

Dec 08 2007

At 94,000, US jobs growth found an equilibrium point that resulted in a flat close on Wall Street.


The Folly Of The ADP November Employment Figures

Dec 07 2007

Wednesday’s November ADP employment release triggered a rally on Wall Street but Merrill Lynch’s David Rosenberg warns investors better not get fooled by the surprise -it’ll more likely turn out to be a fairytale.


Only Free Markets Go Down

Dec 07 2007

With the ratification of the Bush subprime bail-out plan, the Dow soared another 175 points.


Getting The Jump On Jobs

Dec 06 2007

A preliminary private sector jobs number put the cat among the economists last night and the Dow jumped nearly 200 points in response.


Rudi on Thursday

Dec 05 2007

Weekly musings from your editor. The RBA predicts global economic growth will be lower next year – good news or bad?


Financials Sag Further On Wall Street

Dec 05 2007

It was another soft night on the Street, spurred on by broker downgrades across the financial sector.


Danske Bank Sees US, EU Struggling Short-Term

Dec 04 2007

Danske Bank suggests recession fears in the US will bring rates down 0.75%, while the EU will follow the US as growth slows down short-term but picks up later in 2008.


Wall Street Takes A Rest

Dec 04 2007

The Dow gave back 57 points in quiet Monday trade.



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