Global share traders are excited and are pushing American and international shares higher, writes Robert Gottliebsen, of Business Spectator.
US economy
China: the greater the bubble, the greater the collapse
The greatest effect of China’s extraordinary monetary growth has been felt in housing prices.
Maley: watch out for a corporate margin call
Global share markets moved sharply higher overnight as investors shrugged off fears about the slowing global economy and the European sovereign debt crisis and piled into shares, writes Karen Maley of Business Spectator.
Crikey Says: A pretty grim set of numbers
President Obama take the nation through the numbers of his jobs package plan Thursday night (US time) in his address to Congress. In the meantime, the numbers are in on his latest approval rating, and it’s the worst of his presidency.
Global markets face a testing week
Next week has several trip points that could affect global markets, with one, next Wednesday night in Germany, capable of sending the global economy and markets into a swoon.
Political snippets: Kevin can be forgiven a chuckle
As yesterday’s High Court judgment made clear the Department of Foreign Affairs got it right and Immigration (and presumably Attorney Generals) got it wrong.
Crikey Clarifier: Why the debt crisis matters
Crises pass and problems are solved, after which we forget they existed in the first place, thus creating the conditions for them to happen all over again, writes John Addis, founder of The Intelligent Investor.
Political snippets: A week is a long time in politics
I recommend still keeping Julia Gillard’s words in your memory bank.
Gottliebsen: will the US bank crisis reignite?
If Bank of America shares keep falling, then we are facing a very dangerous situation, especially as it will multiply the problems of the European banks, writes Robert Gottliebsen.
From Fast Food Nation to Food Stamp Nation
A whopping 46 million Americans receive food stamps, an increase of 74% since 2007. But it’s not just the unemployed, many who are employed don’t earn enough from their basic jobs to afford food.
Hang on and hope for China
While many local managers went the knee-jerk sell-off early last week, they will have ample reason today to cash up and sit on the sidelines.
Your Say: Daily Mail readers' feedback: A Volvo correction
Crikey readers have their say.
graph pr0n 
A market drop doesn’t mean a recession
Time for a bit of perspective on the US stock market, which recently saw ten days of a plunging Dow. The Economist offers a historical graph, showing that a significant market drop doesn’t necessarily equal a recession.
Bartholomeusz: tougher times for a wary Westpac
While Westpac’s third quarter numbers were slightly disfigured by an unexpected blip in its impairment charges, there was nothing in the update that challenged the view that conditions for the major banks are getting tougher.
Bartholomeusz: bouncing off a commodities pothole
During last week’s roller-coaster ride on markets, most of the focus was on the wild swings in the value of equities, bonds and currencies. Almost overlooked was the fact that commodities also had a shocker of a week.
Kohler: stranded at super’s ground zero
The aim of retirement incomes policy in Australia for two decades has been to shift the burden of risk to individuals before the next big bear market hit. It worked quite nicely.
Kohler: time for an EU cash blitzkrieg
Ben Bernanke’s Fed has embraced inflation and currency debauchment as the way out, but the European Central Bank is not there yet. That’s why European markets sold off overnight.
Your Say: Daily Mail readers' feedback: Lemmings are cute, fund managers aren’t
Crikey readers have their say.
Media briefs: Gill’s new gig … ex-NotW ed arrested … media market pain …
In today’s Media Briefs: Front Page of the Day … Former News of the World news editor arrested … Stock market swings punish media companies … Roger Ailes and the rise of Fox News … and more …
The stock exchange roller coaster
Ten days gone and the S&P 500 index from the United States for August has three entries in the Top 40 biggest daily declines since 1950. Richard Farmer has all the scary numbers.
US Congress swapped a crisis yesterday for a bigger crisis tomorrow
No wonder markets have tanked worldwide and the US has lost its AAA credit rating, writes Adam Creighton, a research fellow at The Centre For Independent Studies.
Bank of America as the new Citigroup?
Bank of America is America’s biggest bank, but you wouldn’t have thought so after its stunning slide on Wall Street overnight.
