Markets News
Weekend Planner
Saturday December 20, 2008
Events
* Maitland Markets Sunday, Pick
up a last minute gift at the Christmas
Fiesta-themed markets. 8am to 2pm.Ask Noel
Wednesday December 17, 2008
I've been watching my super balance fall $1000 a day and switched to cash, where it started to grow slightly. Everyone said switching to cash was the worst thing to do as it meant I'd miss the gains when the markets recover, so I switched back to the balanced growth option. Now the balance is falling again. Is there ever a time to switch to cash? If the markets are close to the bottom, is this option still better than cash?Us Showing Lead Despite Jobs Gloom
Monday December 8, 2008
US MARKETS have set a positive tone for Australian shares even though US employers cut 533,000 jobs last month, taking the unemployment rate to 6.7% - its highest in about 15 years.Markets Recovery Falters
Wednesday December 3, 2008
FEARS of a local recession have skittled a fledgling sharemarket recovery and unsettled investors, whipping up expectations of further interest rate cuts while the market awaits today's release of Australian economic growth figures.