Business
The foundations of this bull market are wobbling – Sydney Morning Herald
There are three pillars holding up otherwise overheated sharemarkets. Two of them are on shaky ground.
The Biden surge since Joe Bidens inauguration earlier this month was attributable to his plans for a massive new $US1.9 trillion stimulus/relief package; plans that initially looked likely to be implemented urgently but are now faltering in the face of Republican opposition in the Senate.
Therell be a package but it might take longer to be enacted and is likely to be significantly smaller even as, as Powell and the Fed said after this weeks Open Market Committee meeting, the momentum in the US economy…
-
Noosa News21 hours agoWilliam Robinson dies aged 89
-
Noosa News22 hours agoAFL live updates: Gold Coast vs Essendon – blog, scores and stats
-
Noosa News21 hours agoTwo-time Archibald Prize-winning painter William Robinson has died, aged 89
-
General21 hours agoCalls for corruption probe into completion of mayor’s Surfers Paradise Bowls Club site purchase