OurFinanceBlogs.com - Australian Finance Blogging Community

Lower Oil & Interest Rates No Market Panacea

Posted by The Fundamental Analyst on Aug 12th, 2008

The bottom is in for the stockmarket, didn’t you know? Oil has shed more than 20% in the last month. Add to that the RBA now has an easing bias and you have a powerful catalyst for stocks. If only it were that easy.
As is my penchant, I will take the opposite side of this [...]

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How Good Were May Retail Sales Really?

Posted by The Fundamental Analyst on Jul 3rd, 2008

According to a report released by the ABS today, retail sales rose a seasonally adjusted 0.7% in May. That was well above consensus estimates of a rise of 0.2% and is the strongerst month on month change since November 2007.
However, digging a little deeper shows that more than half the gain came from food which [...]

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RBA Balances Slowdown with Inflation Fears

Posted by The Fundamental Analyst on Jul 2nd, 2008

A reminder today that inflation risks remain in the Australian economy as the TD Securities - Melbourne Institute monthly inflation gauge jumped 0.5% in June from the previous month and is now showing a 4.8% increase year over year - the largest increase in its five and half year history.
However recent interest rate hikes are [...]

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