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Todays stock market update

Posted on August 03rd, 2009 in ANZ bank, asx, AUD/JPY, AUDUSD, aus, aussie banks, aussie dollar, Aussie local market, Aussie share markets, aussie shares, australia, Australian dollar, banking and finace, currency pair, Finance, FX carry trades, Market News, NAB, RBNZ, WBC

World markets Chinese stocks helped drive the main index of Asia-Pacific stocks (excluding Japan) to an 11 month high, as two surveys showed accelerating Chinese factory output growth. Car and tyre makers were among the biggest winners, after the US Government announced increased funding for its "cash for clunkers" program to encourage households to trade [...]

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‘Output Gap’ Indicates There Won’t be any Inflation

Posted on June 29th, 2009 in cent, Finance, financial sector, GDP, inflation, Keynesians, macquarie group, mainstream economists, Market News, micro cap, Output gap, pennyhopefuls, perth, RBNZ, small

What’s an ‘Output gap’?
Well, it’s the latest phrase being used by ‘Born-again Keynesians’ to argue there won’t be any inflation.
We say ‘latest,’ but the idea has been around for years. It’s just that now is the time that mainstream economists need to use it to back up their anti-inflationary case.
Your editor was kindly supplied [...]

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