All Posts Tagged With: "rate cut"

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Rate Cut of 100 Basis Points Couldn’t Cheer Up the All Ords

Well well well. Not even a bonus rate cut of 100 basis points could cheer the All Ords up yesterday. There was red in nearly every sector of the market. Stocks rallied on Wall Street overnight. The futures are up 70 points ahead of the market opening. Looks like more green here in Australia. The RBA wouldn’t have been that fussed about the action in the stock market yesterday…

December 3rd, 2008 | Dan Denning | 3 comments | Continued
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