Playing chicken with Alan

Article Abstract:

Alan Greenspan raised Federal Funds interest rates as he hoped to cool the economy that seems to be hot. When he raised rates 0.25 per cent to 5 per cent, Treasury bills rose in prices and their yield fell 0.06 per cent to 4.79 per cent. The long term odds are distinctly against the market when it is played with a renowned inflation buster such as Alan Greenspan.

Author: Cochrane, George
Government expenditures, Forecasts, trends, outlooks, Interest Rates, Executive changes & profiles, Officials and employees, Forecasts and trends, Economic policy, Greenspan, Alan, United States. Federal Reserve Board, Market trend/market analysis

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Earning forecasts high, thanks to a dream ride

Article Abstract:

Macquarie Leisure Trust Group, in the leisure industry has acquired Westport marina in the Sydney suburb of Cabarita. The management can expect further higher earnings and distributions per unit following the acquisition.

Author: Greaves, Kate
Acquisitions & mergers, Investment Offices, Investment Companies, Open-End Investment Funds, Investment Funds & Trusts, Mergers, acquisitions and divestments, Company acquisition/merger, Westport Corp.

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Subjects list: United States
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