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
There was a nice upward movement in the equity markets in the US today of about 1% as investors responded to solid corporate profit reports, a decline in the total number of people collecting unemployment benefits and a marked slowdown in corporate layoffs based on the most recent Challenger r Read more...
US housing turning corner
July 28, 2009
The headline today from Reuters News is “US housing turning corner but consumers lack confidence.”
U.S. home prices ticked up about 0.5% in May. It was a small increase but we are seeing a positive number for the first time in three years, since July 2006 suggesting the housing market i Read more...
S&P up 11% in the past two weeks
July 24, 2009
According to the Associated Press, the optimists are back in control of the stock markets. In the past two weeks, the major equity market benchmarks in the US have increased 11 percent as hopes for an economic recovery take hold. Market watchers say, investors who had been cautious after a powerful Read more...
There was a nice upward movement in the equity markets in the US today of about 1% as investors responded to solid corporate profit reports, a decline in the total number of people collecting unemployment benefits and a marked slowdown in corporate layoffs based on the most recent Challenger r