Archive for October, 2008

Whats up with Inflation in Australia? »

I have had a few people asking me questions over the weekend about inflation and why it’s on the move up. The most typical comment has been around “with everything in the world going so bad, how can inflation be moving up?” - It’s a good question and one that I am going to answer [...]

ASX will be mixed this Week »

Given the Dows (DJI) performance last Friday, you would think that the ASX will be either down or swinging for the week. The Dow closed down 127.04 points - or 1.41% - last Friday, and so whether the ASX will follow US’s sentiment will be unclear. Last week Rio Tinto’s (RIO) announcement on the state [...]

The Time to Buy is Now »

Well, despite the financial world being in an absolute mess - I believe the time to buy is now - a sentiment which is shared with the worlds most famous investor - Warren Buffet. Over the weekend, Buffet posted a very interesting editorial for the New York Times (you can read it here). His thoughts:
“Be [...]

ASX Drops 1%, No Wall St Improvement »

The All Ords (AORD) was down 43.3 points today, or approximately 1% as the Dow Jones late recovery failed to invoke any positive sentiment on the Aussie Market. The S&P200 (AXJO) was also down around the same, falling 42.6 points to 3,970.80 or roughly 1% as well.
It seems despite my prediction yesterday that mining stocks may [...]

Live - Rudd meets with the Capitalists »

Prime Minister Kevin Rudd is attending a business lunch today to speak about the state of the market and the overall economy.
Australian Industry Group AIG Business Lunch
Chris Rein @ 12:52: Business outlook turning for the worse. Hopes Government can get a feeling of how bad business are feeling it. Crapping on about his own company, [...]