Articles by Ben Bernanke

  • Al-Qaeda Releases Magazine With Bomb-Making Recipe, Urges 'Lone Wolf' Attacks On Global Airliners, Personalities, EntrepreneursAl-Qaeda Releases Magazine With Bomb-Making Recipe, Urges 'Lone Wolf' Attacks On Global Airliners, Personalities, Entrepreneurs

    December 30 2014 2:22 AM

    Al Qaeda has plans to stage bombing attacks on global airlines, including Delta, United, Continental, American Airlines, British Airways and easyJet, and AirFrance.

  • Global Markets Overview - 2/13/14

    February 13 2014 10:19 AM

    Choppy US trade has preceded a day of very interesting Chinese data, and the call for an 'orderly' unwind of monetary stimulus from the Fed overnight, suggests the market is in for a bit of a pause over the next two days.

  • Global Markets Overview - 2/12/14

    February 12 2014 10:12 AM

    Janet Yellen's maiden testimony to House Financial Services Committee may well have come from her predecessor.

  • Australian Stock Market Report – Midday 1/6/14

    January 06 2014 2:12 PM

    Despite a better start to the trading session this morning, the Australian sharemarket has slipped into the red with no major events to act as market drivers. The All Ordinaries Index (XAO) is down 0.2 per cent, with some modest gains from the financials helping to limit the losses.

  • Global Markets Overview – 1/2/14

    January 02 2014 11:04 AM

    If history is to be any sort of guide then January, and specifically today, should be a good one to be long on global indices and risk assets in general.

  • Australian Stock Market Report – Afternoon 12/2/13

    December 02 2013 6:05 PM

    The Australian sharemarket has eased for the second consecutive trading day, with the All Ordinaries Index slipping by 0.8 per cent.

  • Global Markets Overview - 11/28/13

    November 28 2013 10:59 AM

    After positive overnight data, consumer confidence is still low.

  • Global Markets Overview - 11/21/13

    November 21 2013 10:27 AM

    Blurred language out of the Fed has again poured cold water on the markets understanding of where it stands on the monetary stimulus component of its quantitative easing policy.

  • Global Markets Overview – 11/20/13

    November 20 2013 10:20 AM

    The global pullback looks to be starting; European markets are moving back from five year highs, the S&P continues to shift away from its intraday all-time high as the DOW continues to shift sideways.

  • Global Markets Overview – 11/19/13

    November 19 2013 10:27 AM

    It was a very interesting trading session in the US, with the S&P and the Dow jumping over key psychological marks of 1800 and 16,000 points respectively (both record highs).

  • A Global War on Savers

    November 19 2013 10:17 AM

    So Janet Yellen's first hearing took place overnight. It was fairly boring. She's expected to sail through and become the next Chairperson of theUS Federal Reserve. Given that the last few years of extraordinary monetary policy have achieved a miserable recovery, what's she going to do differently?

  • Wealth Caused By Inflation: The Cantillion Effect

    November 19 2013 9:59 AM

    What do a Bacon triptych, a balloon dog, a Pink Star and the stock market have in common? They're very, very expensive.

  • Global Markets Overview – 11/15/13

    November 15 2013 10:00 AM

    After having set up the market for a dovish tone, it was one-way traffic at the Senate hearing as incoming Fed chair Janet Yellen re-emphasised the need for QE. While acknowledging the economy is significantly stronger and continues to improve, she said the US economic recovery is still fragile and as a result, prematurely pulling aid could derail the recovery. This was not really fresh news and traders didn't add to US dollar shorts. The market has known for a while that Janet Yellen's po...

  • Global Markets Overview – 11/14/13

    November 14 2013 9:44 AM

    When the five largest stocks (which make up over 30% of the ASX) contract by one per cent or more, a 1% plus contraction will also occur, considering the market that has very little diversification.

  • Global Markets Overview – 11/13/13

    November 13 2013 10:33 AM

    The dominant theme in global markets was continuing US dollar strength, as tapering expectations continue to ramp up. This saw equities drift lower, with many investors out there in wait-and-see mode heading into a raft of Fedspeak including Ben Bernanke and Janet Yellen. Fed member Richard Fisher got the ball rolling on taper talk after saying it could happen next month during a speech in Melbourne, adding that monetary accommodation was getting riskier by the day. Meanwhile, Dennis Lockhart sa...

  • Australian Stock Market Report – Midday 11/11/13

    November 11 2013 1:55 PM

    The Australian sharemarket kicked off the week almost 0.5 per cent higher, helped by better than expected US jobs growth on Friday and solid Chinese economic news on Saturday. The market however is now barely managing to hang onto a few points of gains. The All Ordinaries Index is up by 4 pts or just shy of 0.1 per cent.

  • Pope Francis Ranks 4th in Forbes’ Most Powerful People List; Putin Dislodges Obama in Top Spot (VIDEOS)

    November 01 2013 8:57 AM

    Barely eight months in the public eye, Pope Francis continues to gain the trust of people from all over the world with his simple and uncomplicated lifestyle without veering from the basic Christian message of love.

  • Australian Stock Market Report – Midday 10/23/13

    October 23 2013 2:16 PM

    The All Ordinaries Index (XAO) is rising for the seventh straight day; up 0.2 per cent and sitting at around a five year high. This makes it the longest winning streak in nine months and comes courtesy of some worse than expected US jobs numbers overnight.

  • Australian Stock Market Report – Afternoon 10/21/13

    October 21 2013 7:43 PM

    Despite pulling away from fresh five-year highs reached earlier in the session, the All Ordinaries Index (XAO) still ended 0.5 per cent higher by the close. The miners were the biggest contributors to the gains. BHP Billiton (BHP), which is scheduled to issue its quarterly production numbers tomorrow, rose by 1.26 per cent today.

  • Investor Warning: Don’t be a Victim in This Financial Scam

    October 18 2013 1:12 PM

    Insolvent trading is unlawful in most developed countries. If found guilty, company directors face severe legal and financial penalties.