cheap money

How Cheap Money and ‘Storage’ Caused the Lehman Collapse

Posted on March 16th, 2010 in aus, aussie dollar, aussie market, bankruptcy, bankruptcy protection, cent, Chapter 11, cheap money, LAMCO, Lehman, Market News, micro cap, perth, storage, U.S. commercial banks, US Stock Market

One of the things we love about the US stock market is that even after a company goes into Chapter 11 bankruptcy protection, you can still trade the company’s shares on the market.
We’re not exactly sure why you’d want to buy shares in a Chapter 11 company. Unless you’re after a super risky punt. But [...]

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RBA and Returning Interest Rates to “Normal” Levels

Posted on February 02nd, 2010 in aus, aussie dollar, cent, cheap money, easy credit, Glenn Stevens, Market News, micro cap, perth, RBA, Reserve Bank of Australia, westpac

You can read the official press release from yesterday’s Reserve Bank of Australia (RBA) board meeting here.
In a couple of weeks the RBA will release the full minutes of the meeting. If the official version is anything like the previous versions it will mention international economic conditions, domestic economic conditions, financial markets, and considerations [...]

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