MID-SESSION REPORT (12pm AEDT) Local stocks are trading flat at lunchtime in the East, slightly down from fresh 2012 and 17 month highs reached yesterday. Another stalemate appears to
UBS paid $1.5 Billion for manipulating Libor, and Barclay`s already paid the piper for manipulating the Libor rate. Well, it is about time the CFTC get its act together, and start going after the
The so-called “Santa Claus rally,” whereby stocks have a tendency to rise the week before Christmas, was looking good on Monday and Tuesday when the market closed sharply higher. On