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The S&P/ASX200 was up by barely one point, or 0.90 to finish the day at 4,767.80. The U.S. market was dragged lower after Moody’s rating agency said it may cut Spain’s credit rating again because of the banking problems, over spending government and high debt refinancing needs. The Dow Jones Industrial Average ended the day [...]

On Friday the S&P/ASX 200 ended only 4 points higher to 4,745.90. The market was fairly subdued ahead of China releasing inflation figures and a possible interest rate move. Data that will heat up the currency debate again between China and the U.S. was released early Friday afternoon. China’s trade surplus dropped slightly to AUD$23.92 [...]

Forget about the supposed gold bubble. Ignore the growing property bubble, and don’t worry yourself about the potential commodity bubble if Dr. B.S. Bernanke – yes, those are his initials – gets his way. There’s a bigger bubble brewing. This one is in bulbs. But not light bulbs. And not tulip bulbs either… Because this [...]

The Chinese consumer price index (CPI) came in yesterday and the result was pretty much as expected: the cost of living in China is increasing. The CPI increased 4.4% overall, and what would set off alarm bells in most countries was the 10.1% rise in food prices. Now, I’m not quite sure if palm oil [...]

Yesterday, the S&P/ASX 200 ended the down by 39 points to 4,648.10. The consumer price index (CPI) grew 0.7% for the September quarter, slightly less than the 0.8% predicted. The increase brings the annual inflation rate to 2.8% which is still in line with the RBA’s target inflation rate. The Dow Jones Industrial Average closed [...]

The S&P/ASX200 was lower by 22 points, ending the day at 4,687.80. Due out today is the consumer price index (CPI) figures for September. Some are predicting that the index will rise 0.9%, which would still leave annual inflation just within the RBA’s 2% – 3% target range. The Dow Jones Industrial Average managed to [...]

Yesterday, the S&P/ASX 200 closed 11 points higher to 4,626.50.
The Dow Jones Industrial Average dropped 17 points overnight, finishing Tuesday at 10,526.49.
Retail sales for August rose by 0.4%, the largest gain for five months. However, sales were helped along by heavily discounted goods and ‘tax-free’ holidays which enticed the shoppers to spend.

The FTSE [...]

On Friday, the S&P/ASX 200 was lower by 21 points to close at 4,560.30. The Australian Bureau of Statistics will release its lending data today.
Over the weekend China released its consumer price index (CPI) figures, which rose to the highest in two years, and it was the tenth straight month that the CPI had [...]

We’ll stay on the theme of Japan for today. And we may even stay on a similar subject for tomorrow after we heard this quote, “All the signs look like we’re [the US] going to follow the Japanese scenario.”
But more on that – perhaps – tomorrow.
Until then, we had to laugh. Yesterday’s Wall [...]

Having read through US Federal Reserve chairman Ben Bernanke’s speech at Jackson Hole, Wyoming over the weekend we can only come to two conclusions.
Either Mr. Bernanke is stark raving mad and should be sent to a nut farm immediately. Or, he should be carted off to The Hague to face charges of crimes against [...]