'All hell will break loose' if Trump fails
Hedge fund manager Paul Singer warns "all hell will break lose" and recession looms if President Donald Trump fails.
Hedge fund manager Paul Singer warns "all hell will break lose" and recession looms if President Donald Trump fails.
Local shares are poised to open slightly higher, though brokers will be on the sidelines in China, the UK and the US.
It usually doesn't work this way: stocks vaulting to records, and bearish traders getting more aggressive. Lately, it has.
The sharemarket narrowed its weekly gain on Friday, with most sectors trading in the black over the five sessions.
Telco stocks have fallen after the ACCC ruled that smaller ISPs will be allowed to pass on the so-called "NBN tax" to customers.
Goldman Sachs has hired two Macquarie veterans to be co-heads of its Australian equities business.
The sharemarket recouped early losses on Thursday, as gains in resource stocks offset a terrible session for retailers.
A cutback in discretionary spending by consumers is causing angst across retail and has now spread to the car-yard.
There was a time when traders wouldn't dream of fighting the Fed, now they want to.
Melbourne-based asset manager Antares Equities has closed its long-running small caps strategy and will return funds to investors next month...
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