11/12/13...Another soggy lead in for our market as we now wait for the FOMC meeting on the 17/18th to confirm or deny the taper

Henry Jennings

11/12/13...Another soggy lead in for our market as we now wait for the FOMC meeting on the 17/18th to confirm or deny the taper! This seems to be the only macro focus at the moment..of course we have our own problems down here ...QBE has just kicked us into a massive rethink..the sad fact is that Aussie company's earnings haven't been growing much at all...the banks have been alright but hardly spectacular whilst everything else has been pretty hard work...if we are not careful we are in danger of being punished for our smugness....we seemed to have been gloating a little as the rest of the world melted down post GFC...we are the lucky country after all, we have China and a mining boom..read more at (VIEW LINK)


Henry Jennings

Henry started in financial markets in London in the 80s as an option trader before coming to Sydney and spending 7 years at Macquarie Bank including a stint running equity derivatives and cash trading.For the last few years he has been a private...

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