
Banks up, but market down: The wild ride continues
FEAR & GREED | Business News
• 19 min
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<p>The market capitalisation of the four major banks jumped $31 billion in just two days, yet the share market fell yesterday. A wild ride for traders. </p>
<p>Also today:</p>
<ul>
<li>Nurses, teachers and firefighters in NSW are told they are not getting a pay rise.</li>
<li>David Jones’ fortunes go from bad to worse</li>
<li>And who’s richer? Facebook’s Mark Zuckerberg or legendary investor Warren Buffet?</li>
</ul>
<p>Plus, an interview with Ross Gittins, a doyen of economics in Australia. He explains how the employment market works and why it matters.</p>
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