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
Financial markets around the world are usually relatively quiet when Wall Street is closed for a holiday, such as Thanksgiving Day which is today. However, this has got to be the exception. Markets have had to digest the stunning news from Dubai that the government's flagship inve Read more...
Slower US GDP Growth
November 24, 2009
The U.S. economy grew more slowly than first thought in the third quarter (up 2.8% versus a previous estimate of 3.5%) but a fifth month of gains in house prices in September and an improvement in consumer confidence despite high unemployment is signaling that the most painful recession in 7 Read more...
Global Stock Rise as Sales of US Homes Increased 10% in October
November 23, 2009
Stocks rose around the world as sales of U.S. homes increased 10 percent in October to the highest level since February 2007 said the National Association of Realtors. While some investors say that there has certainly been some underlying improvement in the housing market; others believe that & Read more...
Financial markets around the world are usually relatively quiet when Wall Street is closed for a holiday, such as Thanksgiving Day which is today. However, this has got to be the exception. Markets have had to digest the stunning news from Dubai that the government's flagship inve