Tasmanian Times
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676EconomyThe Oracle’s Market Update (Evening): Pounding the Rock Spiders
Hedge funds, widely regarded as the Rock Spiders of the funds management industry, took a well-deserved pounding yesterday. Rather than contribute capital...
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720Economy
The Oracle’s Market Update (Evening): The MDMA-fuelled feline
It wasn’t so much a dead cat bounce as an MDMA-fuelled feline launched into orbit from a cannon. The numbers first. Unsurprisingly,...
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788Economy
The Oracle’s Market Update (Evening): Don’t buy a Bugatti
Credit ratings, like Bugattis, are only owned by the rich and/or seriously indebted. Contrary to popular opinion, buying a camcorder at Harvey...
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746Economy
The Oracle’s Market Update (Evening): No money left …
Most of Australia’s GFC stimulus money was spent on empty school halls and plasma screen televisions. Europe and America took a different...
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711Economy
The Oracle’s Market Update (Morning)
Dow Jones down 500 points. The tech-heavy Nasdaq index fared even worse, slumping 5 per cent. These numbers constitute what brokers generally...
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795Economy
The Oracle’s Market Update: Penny-dreadful Gunns
Changes are afoot in broking circles. The traditional, amply padded, cigar-chewing stockbrokers are now retiring; replaced by a generation of hawk-faced triathletes...
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725Economy
NEW TODAY: The Oracle’s Market Update (Evening)
On the back of a big drop on Wall Street, Wednesday was always going to be ugly. And that was before new...
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710Economy
NEW TODAY: The Oracle’s Market Update (Morning)
What a letdown. With the world’s eyes on the United States Congress last night, news that a deal on debt limits had...
