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| | | ... - Japanese shares rallied on Friday on renewed optimism about US president-elect Barack Obama's plans to revive the US economy and news of another capital injection for Bank of America. The benchmark Nikkei-225 index gained 206.84 points, or 2.58 per ... |
| | | | ... spending accounts for around 70 per cent of the economy. This means that where the US consumer goes, there goes the US economy. And where the US economy goes, there goes the global economy. Hence, we have Europe and Japan in recession and Asia in a significant ... |
| | | | With the US economy entering its second year of recession, investors need all the best wishes for the New Year to come true. The problems of 2008 have not gone away - they have worsened. The reason why the equity markets' cheery welcome of 2009 faded ... |
| | | | ... the 1950s. Like I said in yesterday's commentary, for now this is simply rhetoric. The underlying fundamentals of the US economy have not changed and more pain lies ahead for the economy and equities. Overnight news underlined this. The Investor's Business ... |
| | | | ... to finish. Ergo, more jobs for more people till Christmas 2013 or longer. This will provide the necessary crutch the US economy needs to get back on its feet. This, in turn, will provide the necessary crutch for the rest of the world to get back on their ... |
| | | | ... on optimism that President-elect Barack Obama's plan for a huge infrastructure spending package will help boost the US economy. Resource stocks may also gain after commodity prices advanced. At 0827 AEDT on the Sydney Futures Exchange, the December Share ... |
| | | | ... recessions indicates that the labour market is at or close to reaching critical mass. During the 2001 recession, the US economy lost a total of 2.3 million jobs from peak to trough. The 1990/91 recession saw 1.6 million jobs go; in 1982, more than 2.8 ... |
| | | | ... financial system in purchases of mortgage and asset-backed securities was offset by poor economic news. Figures showed the US economy shrank 0.5 per cent in the third quarter, alongside a record fall in US house prices. The Dow Jones Industrial Average ... |
| | | | ... back in June 2006 - markets dismissed them and even questioned the relevance of the yield curve. This was because the US economy had been growing between 2 and 3 per cent at the time the curve was inverting. Plus, Wall Street and commodity prices were ... |
| | | | ... the National Bureau of Economic Research (NBER) Business Cycle Dating Committee still has to officially pronounce the US economy in recession, by all intents it already is. Ordinary Americans do not have to wait until January 2009 when the fourth quarter ... |
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