HSBC

If you’re worried we’ve forgotten the National Australia Bank [ASX: NAB] and Westpac’s [ASX: WBC] secret loans from the United States Federal Reserve – don’t.  We’re still on the case. We’ve still got them in our sights… Oops!  Apparently we shouldn’t use that imagery.  Sorry… how about this then: That’ll do it. No harm with [...]

I’ve always had a soft spot for silver. It’s the people’s precious metal. It’s gold’s cheeky cousin. If gold’s fine dining, then silver is a lazy Sunday roast with your family. And something amazing has started in the silver market. The silver price took nine long months to crawl from $18 to $20. It then [...]

Poor old Paul Bloxham, chief economist at HSBC Australia. In the space of a few days he’s gone from being premium foie gras to plain old chopped liver. From being the toast of the town to just vegemite on toast. Last month you could barely turn the pages of the business press or avoid an [...]

“It takes great courage in a time of crisis to do nothing.”
We think we’ve just found the new motto for Money Morning. We’re pretty sure we’ve come across that quote before, but for some reason when we heard it yesterday it’s the first time it’s stuck in our head.
But we also love this quote [...]

China’s stocks rose 4.52 percent on Thursday’s close. The benchmark Shanghai Composite Index rose 4.52 percent, or 126.00 points, to finish at 2,911.58. The Shenzhen Component Index rose 3.91 percent, or 438.43 points, to end at 11,648.35.Combined turnover expanded only slightly to 191.33 billion yuan ($28.01 billion) from 191.07 billion yuan on the previous trading [...]

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Maybe if Macquarie Group’s Rory Robertson and his other economist chums (Westpac’s Bill Evans was riding the bandwagon at the weekend too) become disillusioned with their current BAK economic theory, they could give Pauline-Hansonomics a try.
We’ve received a few emails recently from Money Morning readers drawing our attention to former politician, chip-shop owner, and jailbird, [...]