Daily FNArena News - FYI

While the US has focused its attentions on the Middle East, sparred once more with Russia, fought internally over China, and watched as ally Tony Blair tries desperately to cling to power, there have been some interesting movements in its own backyard that could have uncomfortable ramifications for the superpower as well.

Speculation has it Warren Buffett is looking at investing in Australia’s Rinker Group.

ANZ doesn’t think the Aussie dollar will be among the beneficiaries of a further weakening US dollar.

The predicted consolidation of the online broking industry seems to be gathering pace. And what about Morningstar buying Aspect Huntley?

As an experiment, Vega has failed. A repositioning is likely on the cards following the latest radio survey.

Inflation fears and profit warnings sent US markets into their biggest fall in four months last night.

The US Federal Reserve has surprised with its interest rates outlook. This is likely to increase uncertainty and volatility in the markets.

Weekly musings from your editor.

The FN Arena ‘Neutral’ indicator has dropped below 51% again, but can we draw conclusions from this?

The Tonka trucks have been hurled around the sandpit as the latest round of favouritism accusations is exchanged between the AFR and Telstra.