Business
Risk off as markets grapple with economic backdrop – Sydney Morning Herald
Investors are looking for safe havens as the chances of a steady improvement in the US economy has progressively diminished.
Judging by market activity, the chances of a steady improvement in the US economy, along with a global economic rebound that would see a bridging of the gap in economic performance between the US and the rest of the world, has progressively diminished.
Its led to a market dynamic whereby risk-appetite has been quashed and a desire for safe-haven assets is grown.
Stocks were down for the week across the globe, with the benchmark S&P500 declining for the fourth straight week last week though…
-
Noosa News24 hours agoCleveland line train services halted after truck crash at Pine Street bridge in Wynnum
-
General22 hours agoBrisbane homelessness services report 48 per cent increase in number of children being supported
-
General14 hours agoFossil hand bones hint that ancient human relative Paranthropus made tools 1.5 million years ago
-
Noosa News8 hours agoSoldiers airlifted to Townsville University Hospital after ADF crash