The important week in review from Commsec:
27th Sep 2013, CommSec Week in Review: An Encouraging Week for the ASX200
more about Quantitative easing and the tapering in the US. 5 year highs for the market. Reasonable results from Myer and Kathmandu in the retail sector, less price reductions not helpful for us money savers, guess we can buy more from the US and UK where times are still hard!
Lower interest rates for borrowing helping retailers as people on variable rate loans VRL as their interest rates should have dropped as the Aussie reserve bank lowered the interest rates over the last few months, helpful for the economy, no good for us savers!