Global stocks finish week down
![Fund managers want to see some changes to Australia's IPO market.](http://web.archive.org./web/20171112204719/http://www.afr.com/content/dam/images/1/1/q/m/i/s/image.related.afrIndexLead.320x210.gzja79.png/1510355736993.jpg)
Global stocks retreated on Friday on the back of signs US tax reform could be delayed. Bitcoin dropped more than $1,000 from its Wednesday record high.
Global stocks retreated on Friday on the back of signs US tax reform could be delayed. Bitcoin dropped more than $1,000 from its Wednesday record high.
The choice of Jerome "Jay" Powell as the new chairman of the US Federal Reserve seems a sane choice
The third US interest rate increase predicted for this year looks set to take place next month, and the market is starting to price in a greater chance of another hike in March.
Most economists are talking rate hikes in 2018 as the RBA forecasts inflation and growth to rise. But the economic data that gets released keeps coming in well below expectations.
The Bank of England raised interest rates for the first time in more than a decade, doubling its benchmark rate to 0.5 per cent.
The cost of living is not rising. But we don't earn enough to pay for our borrowing.
The United States has recorded its largest annual budget deficit in four years, highlighting the nation's worsening fiscal trajectory.
Why central banks' rigid adherence to inflation targets doesn't work in this current period of growth.
All assets have duration, they just aren't as easily measured as bonds.
Donald Trump seems to have another obsession: The stock market. He mentions it almost daily. But he might regret it.
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