Economists estimate that when Japan reports its December quarter GDP on Feb 15, it will show that the economy probably grew at the fastest pace since the first quarter of 2008, up 3.6%, as a
The World Index which is made up of the stocks of 23 developed nations lost 1.1 percent today as the sense of urgency that has taken hold in Brussels over the past four months heightens as the scale of mismanagement of the public finances of Greece has become clear. Greek bonds continue to los Read more...
Limits on Banks Weigh on Stocks
January 22, 2010
Stocks in the US suffered a third straight day of losses, down 2.1% today and off a little over 5% for the past three days. Not only was President Obama’s proposal to limit the size and activity of major banks a factor in this decline, but fears also swirled regarding the possibility that Ben Read more...
Greece continues to struggle to cut its budget deficit
January 18, 2010
U.S. markets are closed today for the Martin Luther King Jr. holiday and so there is no update on Jamaica’s global bond prices.
In other economies, the stock market in Greece fell 2.5 percent. Greece continues to struggle to cut a 2009 budget deficit that may reach 12.7 Read more...