AUSTRIA BEATS GLOBAL GLOOM AND DOOM.

Categories: News

earth

AUSTRIA BEATS GLOBAL GLOOM AND DOOM. Australia’s Government handouts and mineral exports to China have kept Australia out of recession, officials in Canberra said Wednesday. The economy grew 0.6 per cent in the June quarter, making it the only advanced economy not to experience contraction this year. Stimulus packages costing 42 billion Australian dollars have taken the budget deeply into deficit and generated fears of not just higher interest rates but ... Read More

The FTSE has a purpose.

Categories: Uncategorized

ftse

Did you ever wonder why the FTSE was established? I did so I had to investigate. Guess what I discovered? I found out that there were 5 key reasons for the FTSE’s implementation. 1. It was specifically designed for the creation of stocks, to index tracking funds, performance benchmarks and ETF’s. ... Read More