“Australia stands out like a beacon because the yields here are much greater than other parts of the world,” says AMP Capital Brookfield chief investment officer Kim Redding. He tells Bloomberg that, “If you like the Aussie dollar and you like yield, Australian LPTs would be a pretty good place to be.”
October 20th, 2009 | Dan Denning | 2 comments | ContinuedAll Posts Tagged With: "Berkshire Hathaway"
Days of Privatizing Over as Government Takes Charge
In the newspapers there is much discussion of what General Motors should do. This discussion has gone on for many years. Until now, it was a conversation carried on by serious analysts and auto industry experts.
May 5th, 2009 | Bill Bonner | 3 comments | Continued
We Do Not Live in Normal Times
We do not live in normal times, which is too bad, because it seems like a pretty nice first working day of March here in Melbourne. Later this week the Reserve Bank of Australia meets on interest rates. It will have to decide if bad news in the rest of the world (a revised 6.5% contraction in fourth quarter U.S. GDP, for example) is enough to lower rates for 3.25%–or if it has time to wait and see.
March 2nd, 2009 | Dan Denning | 10 comments | Continued