RBA Cuts Growth Forecast for 2013

Australia’s dollar slid versus most of its 16 major counterparts after the Reserve Bank reduced its 2013 growth forecast in its quarterly monetary policy statement.
Equity Valuations Lofty, Earnings Lousy: Morganlander
08:29 - Stifel Nicolaus' Chad Morganlander and Bloomberg's Michael Regan discuss the global selloff in stocks with Bloomberg's Pimm Fox on "Taking Stock." (Source: Bloomberg)
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