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 US stock markets continued their climb, up a little over 1% today. A surprisingly larger than expected increase in a leading economic indicator supported the optimism. This was the third consecutive month of gains.
In the financial sector, word that CIT Group, a major lender to small busi Read more...
Market ended almost flat on disappointing earnings
July 17, 2009
US equity markets ended flat today as disappointing earnings from bellweather companies, General Electric, Bank of America and Google, took the shine off encouraging results from International Business Machines (IBM) and better than expected rise in new home construction. Nevertheless, Wall Str Read more...
Wall Street continues its winning streak
July 16, 2009
Wall Street continued its winning streak today, closing up a solid 1%. It seems the early days of the earnings season have lit a fire under the stock market. Will it continue?
One chief investment officer said, “The optimism that people are starting to embrace is that the recession may Read more...
The US stock markets continued their climb, up a little over 1% today. A surprisingly larger than expected increase in a leading economic indicator supported the optimism. This was the third consecutive month of gains.
In the financial sector, word that CIT Group, a major lender to small busi