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
US equity markets jittery ahead of earnings season
July 7, 2009
U.S. stocks fell about 2% today across the major benchmarks, erasing the gains from yesterday. Earnings jitters ahead of the start of the earnings season tomorrow have investors wondering if stock markets have gotten ahead of themselves, up a hefty 35-40% since the low on March 9th. In addition Read more...
Questions regarding the impact of the $787 billion stimulus package
July 6, 2009
The major market benchmarks closed mixed as they digested some sobering comments from Vice President Biden on Sunday on ABC’s This Week when he said that in preparing the $787 billion stimulus package earlier this year, "We (meaning the Obama administration) misread how bad the econ Read more...
More bank failures in the US
July 3, 2009
US markets are closed today for the fourth of July or Independence day. For Jamaicans who have never experienced this holiday, it is a day of picnics and patriotic parades, a night of concerts and fireworks, and a reason to fly the American flag.
Across the globe, equity market benchmarks Read more...
U.S. stocks fell about 2% today across the major benchmarks, erasing the gains from yesterday. Earnings jitters ahead of the start of the earnings season tomorrow have investors wondering if stock markets have gotten ahead of themselves, up a hefty 35-40% since the low on March 9th. In addition