The dollar will likely strengthen if the bailout bill gets approved by Congress, says Clifford Bennett, chief economist at Sonray. But this strength will be short-lived. He explains why to CNBC's Oriel Morrison & Sri Jegarajah. 02/10/08

Published: 1st October 2008 The Age

Sonray Capital Markets' head of wealth management, Sam Lythgo, said he expected the US bill would be passed, in some modified form. But if it wasn't, there would be more short-term pain in financial markets.

Read the full article at The Age.com.au 01/10/08

The bailout package is not a silver bullet which will resolve the U.S. financial crisis, says Clifford Bennett, chief economist at Sonray Capital Markets. He assesses the health of the U.S. economy, with CNBC's Rebecca Meehan & Lisa Oake. 29/09/08

Published: 24th September 2008 Herald Sun

Sonray Capital Markets chief economist Clifford Bennett said that, while it would prevent further market collapses, US Treasury Secretary Hank Paulson's rescue plan was likely to extend the US recession from three to six months to two to three years of pain.

"This package was designed to save the investment community, not to save the US economy," he said.

Read the full article at HeraldSun.com.au 24/09/08

The bailout plan will extend the entrenched recessionary risks for the U.S. economy for another 2 - 3 years instead of another 3 - 6 months. Clifford Bennett, chief economist at Sonray Capital Markets tells CNBC's Oriel Morrison why. 23/09/08

Published: 18th September 2008 Bloomberg

"Let there be no doubt, there will be real business impacts and consumer impacts from these events" as banks wind back lending, said Clifford Bennett, chief economist at Sonray Capital Markets Ltd. in Sydney. Australia's economy "is definitely going to have a more severe slowdown than was expected a month ago."

Read the full article at Bloomberg.com 18/09/08

Published: 18th September 2008 Bloomberg

Macquarie Group Ltd., Australia's largest investment bank, plunged a record 23 percent as Morgan Stanley and HBOS Plc sought buyers to avoid becoming victims of the financial crisis.

"Babcock and Macquarie's business models relate to a previous era of irrational exuberance which no longer exists," Clifford Bennett, chief economist at Sonray Capital Markets Ltd. in Sydney said. "Babcock & Brown is going to come very close to the edge."

Read the full article at Bloomberg.com 18/09/08

Published: 11th September 2008 Bloomberg

The Australian currency could gain to 88 cents in a ``matter of weeks'' wrote Sydney-based Clifford Bennett, chief economist at research firm Sonray Capital Markets Ltd., in a research note today. High yields and resource stocks at ``bargain basement'' prices will attract foreign capital to Australian assets and the local currency, he wrote.

Read the full article at Bloomberg.com 11/09/08

There might be some upside for the Aussie dollar this week, predicts Clifford Bennett, chief economist at Sonray Capital Markets. He explains why to guest host, Kirby Daley from Newedge Group, CNBC's Amanda Drury & Sri Jegarajah. 09/09/08

Published: 9th September 2008 Herald Sun

"The real question is will the US economy build on this support to accelerate into year end and 2009 with robust economic growth?" said Sonray Market Economics chief economist Clifford Bennett.

"My view is that this initiative warns that things are actually worse than previously thought in the housing/mortgage market."

Read the full article at HeraldSun.com.au 09/09/08