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The market's last hurrah?

Wednesday, 07 May 2008 | Binu Thomas

May 07, 2008: It is not unusual for a terminally ill patient to show remarkable improvement in the days and even hours before s(he) departs for the great unknown.  Those with a macabre sense of humour may well see similarities with...
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Faster the rise, Further the fall

Thursday, 20 March 2008 | Binu Thomas

March 20, 2008: While all stockmarkets have crashed in recent months, it is the bourses in emerging markets that have taken the hardest knocks. Consider this: While the S&P 500 is down 11.4% so far this year, the FTSE 100 15.7% and the German...
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Big Ben leads the bulls in a bear hunt PDF Print E-mail

Binu S. Thomas 

May 2, 2008: April has been a surreal month for stockmarkets worldwide. After plunging in the first three months of 2008, stocks have bounced back in April, and how! Most major indices have recouped a significant  portion of their first quarter losses and some like the S&P/TSX Composite in Canada have even gone on to scale  new 2008 highs.  There is little doubt the bears led by the short sellers have got mauled badly and the bulls have one man to thank for this: Federal Reserve Chief Ben Bernanke.

When he took over from the near-legendary Alan Greenspan in February 2006 as Fed chief, little was known or expected of the quiet economics professor from Princeton. Even his tenure as Chairman of the US President’s Council of Economic Advisers was a largely unremarkable one. But in two short years as head of the US central bank, Bernanke has left his stamp on global markets. It is somewhat ironical that while Greenspan who was long hailed as a hero by stockmarkets has come to be seen as the villain behind the latest credit crisis, Bernanke has emerged as the unlikely knight in shining armour to rescue the world from it. 
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Market Outlook

Equity investors should be vigilant - David Buik BGC Partners

Tuesday, 06 May 2008 | Administrator

A combination of improving economic data in the US, which included better than expected employment data (Non-Farm Payrolls only down by 20k), a further cut by the FOMC of the FED rate to 2% (the 7th in eight months) and finally further robust...
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Fed rate cut by 25 basis points - David Buick BGC Partners

Thursday, 01 May 2008 | Administrator

“Were you but lying cold and dead, And lights were paling out of the West, You would come hither, and bend your head, And I would lay my head on your breast; And you would murmur tender words, Forgiving me, because you were dead: Nor...
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