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Oh thank goodness for political stability now that Indecision 2010 has been resolved:
“Swan firm on mining tax… Independents, Greens want change” – Australian Financial Review
“The first cracks have appeared in the Gillard government’s alliance with the crossbench MP’s, with the Greens signalling they may side with the Coalition on some issues…” – The Age

So yet [...]

Yesterday, the S&P/ASX 200 ended 36 points lower, closing at 4,537.20. Mining stocks were slightly lower as the potential mining tax created more uncertainty.
Coming out today about 11.30am is the labour force data from the Australian Bureau of Statistics. An earlier survey of economists has predicted that employment will have risen by 30,000, leaving [...]

Well reader, ‘Indecision 2010′ is finally over.
Or is it? Anyway, all we do know is that there’s $43 billion of fibre optic cable heading your way. And you’re getting it whether you want it or not. And whether you need it or not.
It all rather takes our mind back to the dot-com [...]

The S&P/ASX 200 was down 2 points for the day, ending at 4,573.20.
The RBA kept rates at 4.50% yesterday, and of the statement from Glenn Stevens, one currency trader said, ‘Large chunks of the statement were copy and paste from last month, but it does seem a little bearish on Europe.’
The Dow Jones Industrial [...]

We won’t deny it. It’s always pleasing to see the Macquarie Group [ASX: MQG] share price take a hammering.
Yesterday the stock hit the skids following news that the company expected profit for the current half to be 25% lower than the same time last year:

Share price slump

Source: CMC Markets

The shares closed at $35.25, and [...]

On Monday, the S&P/ASX 200 ended the day higher by 30 points to 4,575. It will be a quiet session on the Aussie markets today, as there’s no lead from the US and the Reserve Bank of Australia’s interest rate decision is due at 2.30pm.
It has been widely tipped that interest rates will remain [...]

This year’s bumper gold-mining deals come as big discoveries have gone missing in gold…
WHATEVER’S LURKING in Andean Resource’s data room – opened to suitors for two years, but now closed after GoldCorp trumped Eldorado’s US$3.3bn bid – it must be pretty spectacular.
Because on published figures, and at current spot prices, GoldCorp’s offer equals 74% [...]

With the earthquake in Christchurch and the rotten weather – including floods – hitting Victoria over the weekend, it was a coincidence that we sent you our special video presentation over the weekend titled: “How to make $12,334 a month as a ‘Financial Disaster Profiteer’“.
Strictly speaking, the video isn’t about how to make a bucket [...]

On Friday, the S&P/ASX 200 closed at 4,541.02, higher by 8 points.
The Dow Jones Industrial Average added 127 points, ending the week at 10,447.93. The jobs data surprised the markets, as the figures weren’t as bad as predicted. The US economy only lost 54,000 nonfarm jobs.
America’s trade deficit for June increased by USD$49.9 [...]

Money Morning reader Wilson sent your editor a shocking video yesterday.
So shocking we could barely believe it was true. We even thought that maybe some nerdy tech wizard had dubbed the video.
But no, it appears to be the genuine article. Here’s what shocked your editor so much, and why it’s proof that you [...]