Stockmarket Wobbles
August 2007 produced a positive gain after two negative months in a row for the Australian sharemarket price index (All Ords). The last three months have been -0.5%, -2.0% and +1.0%. At one stage during August the All Ords was down 8% for the month. Fancy selling practices of home mortages in the US and even fancier financial engineering by banks to shift-on the risk in a global pass-the-parcel, have seen all major stock markets with a dose of the wobbles.
Posted Saturday, 1 September 2007
Recent News
- Friday, 27 Nov 2020 - RIR and Why Oz needs a Heath System Tax (HST)
- Saturday, 11 Apr 2020 - Back to Work with Covid-19? - Not so Fast!
- Tuesday, 7 Apr 2020 - Key people charting the Australian Recovery
- Wednesday, 1 Apr 2020 - Population Mortality effects of CoVid19
For past news items, visit the News Archive.
All images and text Copyright © Financial Demographics ABN 66 196 570 592. All Rights Reserved.
Copyright Statement | Disclaimer | Privacy Policy