The interest rate cut and looming chop in Europe, plus the cuts in the US and Canada show just how out of step we are here after this week’s rise and strong hints of at least another one to come, writes Glenn Dyer.
National association of realtors
US housing woes belie market optimism
The US housing market has just gone through its biggest yearly fall on record and there’s forecasts of more of gloom to come in 2008, so why are the stockmarket bulls still murmuring buy, buy, buy? asks Glenn Dyer.
Morning Market Report
The highlights and lowlights of this morning’s sharemarket activity.
Morning Market Report
The highlights and lowlights of this morning’s sharemarket activity.
