The question for the eurozone in 2012 is the pace of panic: a slow panic still grabs you in the end. Knowing Europe and the various governments there’s something out there with the capacity to bring on that feeling.
Financial markets
The nerves pushing gold higher
Investors are turning towards to gold in the hope that the yellow metal will maintain its purchasing power, even if paper currencies end up being seriously debased, writes Business Spectator’s Karen Maley.
Morning Market Report: The G20 bounce
The market is looking healthy … Dow up … G20 latest.
Kohler: If you’re not fearful, you’re crazy
“If you are not fearful, you’re crazy.” That’s what JPMorgan chief Jamie Dimon said last night during his third quarter results conference call, writes Alan Kohler.
Morning Market Report
The highs and lows of the markets…
So what can $US180 billion buy you? A Crikey index.
Overnight the Federal Reserve and the world’s other major central banks collectively pumped 180 billion US bucks into the ailing global markets. That amount of money is so mindboggling that we at Crikey decided to try to put all those zeros into context.
As Wall St workers go down blogging, Lehman bros merch hits eBay
The chatter on the web about the collapse of Lehman Bros and the bailout of AIG offers a fascinating snapshot of the chaos on Wall St that goes beyond the obligatory shots of employees carrying cardboard boxes…
Oz housing market remains resilient
Contrary to popular opinion, the Australian housing industry is alive and doing sort of OK, writes Glenn Dyer.
Worst day’s trading since 9/11
The US Federal Reserve meets tonight and a rate cut has suddenly become a very real option after the Lehman Brothers collapse and other events on Wall Street in the past four days, writes Glenn Dyer.
Alan Kohler: Lehman end-game
The next 24 hours will be one of the most decisive and significant in our lifetimes, writes Alan Kohler.
Morning Market Report
The highs and lows from today’s sharemarket.
Morning Market Report
The highs and lows from today’s sharemarket.
Morning Market Report
The highs and lows from today’s sharemarket.
Morning Market Report
The highs and lows from today’s sharemarket.
Trading just got funtastic on the ASX
The funny trading continues on the ASX, and no one seems to care, writes Glenn Dyer.
Gold plunges — what is going on here?
Gold is supposed to be at its most attractive when times are miserable, inflation is running hot, there’s fighting in the streets (as we have seen in Georgia), and yet it’s a damp squib, writes Glenn Dyer.
Morning Market Report
The highs and lows from today’s sharemarket.
Morning Market Report
The highs and lows from today’s sharemarket.
Morning Market Report
The highs and lows from today’s sharemarket.
UK regulator exposes bank rip off…we ignore it
Only Family First’s Senator Steve Fielding has tried to rein in some the banks’ more outrageous customer abuse with a private member’s bill and inquiry, writes Michael Pascoe.
Morning Market Report
The highs and lows from today’s sharemarket.
How can the USA possibly keep its AAA credit rating?
This is America’s darkest hour in decades and the global contagion is profound, writes Stephen Mayne.
Why Australia needs a government-sponsored bank
In the wake of the US government making its implicit guarantee of Fannie Mae and Freddie Mac explicit, there are numerous calls for Australia to leave the market to itself. I believe this is the wrong call, says Joshua Gans.
Morning Market Report
The highs and lows from today’s sharemarket.
Morning Market Report
The highs and lows from today’s sharemarket.
