Thoughts about the US Economy and the Market

Macquarie Research released some thoughts to ponder about the US economy and its effects on the global equity markets and the Australian sharemarket.

What does the US Economy hold for the Market?

Investing in Shares

Want to take a break from share trading? Or want to extend your trading profits into a safer diversified sharemarket investment? Well here's how. The process to investing in shares is similar to trading but remember the end goals and the day to day actions are totally opposite to trading. Investing is for the long term. And in the long term the investor would be riding out the peaks and troughs: the volatility of daily, weekly and monthly market fluctuations. Being an investor means that you’ve got to step back and look at the bigger picture.

Lack of Disclosure: Compensation from ASX Listed Company

Interesting news... an Australian court has awarded a shareholder compensation as a result of actions by an ASX listed company...

Imagine getting compensation for the lack of disclosure by a company listed on a public stock exchange. That's what happened on the 6th of September 2006 with Jubilee Mines (JBM), a Western Australia nickel miner.

Read the rest of "Compensation for the Lack of Disclosure"...

At noon ASX stocks lower

Bank stocks trend lower due to an anticipation of an interest rise in US: The sharemarket receded further at noon as base metal prices weighed on the resources sector and anticipation of a rise in interest rates in the United States sent bank stocks south.

But petrol and oil companies were rosier, lifted by a surge in the oil price.

At noon, S&P/ASX200 was down 21.7 points to 4590.2, while the All Ordinaries had slipped 20 points to 4542.2.

ABN Amro Morgans Ipswich manager Tony Russell said it was a quiet day on the market, and the bourse was waiting for further leads from New York.

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