MONDAY 12/8/14; Japan GDP; China Trade Data; SSEC Above 3000; Oil Collapse

Aussie banks may require more capital to protect from an economic downturn. Banks such as National Australia Bank trade higher since this news has been priced-in. The SPASX200 gains +0.7%. Qantas flies +14% higher on strong profits. Global airline stocks remain on fire with the falling oil prices.

Japan’s GDP is a surprise do







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 margin and profit expectations. DMND gains +1% on an earnings beat. TMUS collapses -4% after announcing a stock offering (dilution).

Bill Gates is the top billionaire on the Forbes list. Warren Buffett takes the second position as BRKA stock has rallied in recent years. Mexico’s Carlos Slim is in third place in the billionaire standings dropping from the top spot since the America Movil companies, AMOV and AMX, are moving sideways with lackluster performance over the last couple years.