The world was rocked earlier this week when legendary hedge fund trader George Soros suggested we were facing the worst recession in sixty years.
FNArena presents a correlation of a wide range of analyst views as to what 2008 will bring for the global economy and financial markets.
Once upon a time when the US sneezed, the world caught a cold. But is that still the case today?
As stock markets have forged on to new highs, one could be forgiven for thinking the global credit crunch has now come to a close. If it hasn’t, there are dark forces looming.
The upward trend in uranium spot prices has come to a halt with the spot price dropping to US$90/lb this week. What’s happening? We sought the answers to the questions.
Politicians and bankers are at pains to point out that Australia cannot suffer a mortgage crisis due to the low level of subprime loans. As the crisis moves beyond subprime, just how immune is Australia really?
A deeper look into the various corners of one gigantic web of complex financial instruments that have created the CDO enigma.
The US sub-prime mortgage scare appears to have petered out. But that’s only because it takes ratings agencies a long time to reassess, and mortgage delinquencies a long time to crystallise, and hedge fund traders are able to “mark to model”.
The sub-prime mortgage scare in February was accompanied by a brief but panicked unwinding of the yen carry trade. Will this happen again in light of Bear Stearns? And what would it mean for the Aussie dollar and the stock market?
Will Australia ever get fast broadband? If only the answer to that question were simple.
