Tag Archives: broker report
Business confidence “UP” – Consumer confidence “DOWN”
Posted on 10. Dec, 2009 by Anthony.
Great to see Business confidence up this week however after 3 rate hikes in a row it should come as no surprise that Consumer confidence has taken a huge hit over the last few months.. Data just released today shows our Australian Unemployment rate actually falling down from 5.8% to 5.7%…. More importantly we created [...]
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JOBS, JOBS & JOBS – Weekly Market Update
Posted on 07. Dec, 2009 by Anthony.
On Friday night the U.S showed us that they could be closer to turning back to positive growth again than most thought with their jobs figures strengthening to almost a positive reading, only 11,000 jobs lost last month and a steady halt to the Unemployment rate slide was all welcoming news… When we compare the [...]
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WHERE ARE RATES HEADING?
Posted on 02. Dec, 2009 by Anthony.
A quick Mid week report, especially after yesterday’s developments.. It seems while almost everyone was expecting Aussie interest rates to climb by another 25 basis points to 3.75%, no one was expecting Westpac bank to raise rates greater than the reserve bank and again a huge surprise by the amount too at 0.45%. This will [...]
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Finally Some Market Volatility – “What Next” ?
Posted on 30. Nov, 2009 by Anthony.
It is never good news when a major global company can’t pay its bills however I started to think – “ They owe $60 Billion U.S right now and at the rate the U.S dollar is falling maybe they can pay it back in 6 months time a lot cheaper maybe $50 Billion, after all [...]
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Meridian Weekly Market Update – 26/10/09
Posted on 26. Oct, 2009 by Anthony.
CORRECTION WHAT CORRECTION ? – “BEWARE ITS COMING”… I did say when everyone believes that this market will keep going up, only then will we see a healthy correction, surely we must be close now as even I am beginning to think right now our markets will never fall again.. To the untrained [...]
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