And that’s the point. It is all money in the bank. There is, according to the press, a difference of opinion between Treasury and the Reserve Bank over interest rates and their proper direction.
November 3rd, 2009 | Dr. Steven Kates | 79 comments | ContinuedAll Posts Tagged With: "property prices"
Property Buyers Are Not Buying Property at All
Regularly we receive emails into the Money Morning mailbag asking us for advice on whether the reader should buy a home now, or sell their home now.
Our response is always the same – no response. That’s because unfortunately our licence prohibits us from offering personal financial advice. All we can do is keep things nice and general in these emails.
August 25th, 2009 | Kris Sayce | 41 comments | Continued
Property Spruikers Claim Australia Suffers from a ‘Chronic Housing Shortage’
Shortly, I’ll show you once and for all that Australia does not have a ‘chronic’ housing shortage. Further, I’ll show you that as soon as government runs out of ways to manipulate the housing market, prices will collapse.
To be honest reader, your editor is almost speechless.
August 24th, 2009 | Kris Sayce | 42 comments | Continued
Capitalism Always Takes an Economy Where it Ought to Be
Whoever was responsible for the mistakes, capitalism went about correcting them with its customary élan. It hit imprudent investors with trillions in losses. It knocked down mismanaged corporations. It whacked homeowners…
May 12th, 2009 | Bill Bonner | 1 comment | Continued
Obama Plans to Do Away With Ireland’s Tax Advantage
Your editor operates a mini-multinational. Yes, we have offices all over the world – in Paris, London, Madrid, Buenos Aires, Johannesburg, Melbourne, Bombay…and Waterford, Ireland.
May 8th, 2009 | Bill Bonner | 1 comment | Continued
Perhaps This Recession Will Be One for the Ages After All
In today’s Daily Reckoning, we’ll review the contradictory claims. We’ll also tell you what Alan Greenspan whispered in our ear the other night about gold, inflation, and the bond market. And we’ll ask more stupid questions about government.
April 16th, 2009 | Dan Denning | 13 comments | Continued
Wall Street Bankers: The World’s Most Privileged Outcasts
Today we turn our attention to the world’s most privileged outcasts. “Once envied, Wall Street bankers are now mocked,” says a headline at the International Herald Tribune. So many people are getting on the bankers’ case; we’re beginning to feel sorry for them. After all, what did they do wrong? Well…
February 5th, 2009 | Bill Bonner | 1 comment | Continued