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It is hard to argue, however, that investors were knocked over by a wave of supply.
But perhaps the surge of investor demand will be counteracted by a wave of supply from governments.
Paradoxically, a further wave of supply could crash over the market if it is widely seen to be stabilising.
Since most of these projects are already budgeted and in development, there is no geological reason why this wave of supply will not become available (though politics or civil strife can always disrupt output).Peak-oil advocates remain unconvinced.
Unless the so-called shadow banking system, mainly securitized investment vehicles like collateralized loan obligations, which absorbed about 70percentt of leveraged, or below investment-grade, loans during the boom years comes roaring back to life, this tidal wave of supply could easily overwhelm demand.
This tidal wave of supply smashes against the wall of the last kilometer — the grip that SBC, Bell Atlantic and the other local companies hold on almost all connections to U.S. homes and businesses.
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Second wave of supplies "The situation is changing from day to day," said UNICEF Emergency Logistics Specialist Jean-Cedric Meeus.
"We had, already, a lot of supplies in Gaza, but now we're going to send a second wave of supplies next week: more health kits, more water and sanitation kits, and education kits".
"All of these items are part of a first wave of supplies that will massively scale-up UNICEF's emergency response to the growing number of Syrian refugee children and families in Iraq," stated Dr. Babille.
Treasuries were mixed yesterday, with longer-dated issues tumbling on both a wave of new supply and on worries over potential inflation later in the year, when the market expects lower interest rates to result in an economic recovery.
Glenn Stevens, the central bank's governor, says such growth is "below-trend", and domestic demand "quite weak".Still, Mr Garnaut predicts that falling demand for iron ore will not stop a wave of new supply from some of the world's biggest miners among them, BHP Billiton and Rio Tinto, two Anglo-Australian giants.
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