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High-speed gravy trains 26 Aug 2013 | 04:34 pm

Infrastructure spending is fraught with pitfalls. One of the most dangerous is lobbying by special interest groups who stand to profit from the project. Dr Richard Wellings from the Institute of Econ...

Europe: Improving but beware of The Joker 26 Aug 2013 | 11:26 am

Monthly charts best reflect the state of play in Europe. Germany and France are improving but there are still pockets of weakness elsewhere that threaten to destabilize the monetary union. Germany’s ...

S&P 500 correction but Nasdaq and TSX advance 26 Aug 2013 | 10:00 am

The S&P 500 rallied off support at 1640/1650, but the correction is still underway. Respect of resistance at 1675 would confirm. Bearish divergence on 21-day Twiggs Money Flow warns of long-term selli...

The road not taken | Macrobusiness.com.au 23 Aug 2013 | 01:10 pm

By Houses & Holes at Macrobusiness.com.au So, with our Federal election mostly over, at least enough to get a good sense of where we’re going, I think it’s fair to conclude that we are not going to g...

Global selling pressure 22 Aug 2013 | 11:23 am

The S&P 500 Index broke medium-term support at 1650 and is headed for a test of the rising trendline. Respect would indicate the primary up-trend is intact, but bearish divergence on 13-week Twiggs Mo...

Forex: Euro and Aussie retreat 22 Aug 2013 | 06:31 am

The Euro retreated after a false break above resistance at $1.34, suggesting a test of $1.32. Downward breakout would signal a test of primary support at $1.28, while recovery above $1.34 would indica...

Auto Makers Run Factories Full-Bore to Avoid New Investments | WSJ.com 20 Aug 2013 | 05:23 am

Christina Rogers reports how more flexible union agreements have allowed automakers to wring additional production out of existing plants. Nearly 40% of car factories in North America now operate on ...

U.S. Manufacturers Gain Ground | WSJ.com 20 Aug 2013 | 04:39 am

James R. Hagerty reports: ….Boston Consulting Group — a leading proponent of the idea that U.S. manufacturing will come roaring back — predicts a surge in U.S. exports, partly helped by lower energy ...

Targeting the Wealthy Kills Jobs | WSJ.com 20 Aug 2013 | 04:35 am

T.J. Rodgers compares job creation through private investment to government investment. Even European socialist democracies are starting to understand that tax-and-spend policies kill jobs. For examp...

Bloated business of banking | The Australian 19 Aug 2013 | 09:43 am

Adam Creighton discusses the likelihood of taxpayers being asked to bail out too-big-to-fail banks. In Australia that probability is now 100 per cent. Standard & Poor’s, a ratings agency, gives Austr...

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