Punter’s Paradise as Big Bank Funding Stays Low



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Punter’s Paradise as Big Bank Funding Stays Low

There’s a disconnect happening in global markets right now, and it’s the task of today’s Daily Reckoning to figure it out.
Just two weeks ago, we were all lectured that global interest rates were heading higher, which would imperil share markets everywhere.
You wouldn’t know it if you are an Australian banker.
The post Punter’s Paradise as Big Bank Funding Stays Low appeared first on Daily Reckoning Australia.

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Australia Gets a New Leader for Life

It’s the country that defied the global downturn. The one that drove the 2010-13 ‘once in a century’ mining boom for Australia. The same country trying to create a capitalist culture without losing its communist regime.
The post Australia Gets a New Leader for Life appeared first on Daily Reckoning Australia.

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