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oil price

Next To Nothing: US Interest Rates Close To Zero

The US Federal Reserve has set key interest rates to a record low zero to 0.25% in a desperate bid to stimulate the US economy which is looking increaingly sick Rates are likely to remain this low for quite some time, the Fed stated. The cut brings the federal funds rate to the lowest level […]

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The Seven Deadly Sins – One of them is Greed

It’s amazing to look at what has happened over the last 18-24 months with regard to oil pricing. It was announced earlier in the year that it was almost a certainty that the price of petrol/gas would reach $8 a litre in the next 12 months in Australia. Like most other people around the world […]

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Michael Marquette’s View from the Bridge: the wash-up and the melt down

Australian interest rates have fallen, consumer confidence is up, unemployment is down, and the Australian share market has hit its lowest point in 2 ½ years.  Furthermore, the Australian dollar is hovering around US80 cents and oil has now fallen below $92 a barrel. The US stock market has just had its largest fall in […]

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