Larry's Blog
Green Shoots: Fact or Myth?
July 8, 2009
The dominant theme of market chatter as G-8 leaders kick off their annual summit in Italy is whether the recession’s slackening intensity, characterized by several better-than-expected economic reports this spring, represents a transitional staging ground for positive growth in developed economies. Green Shoots continue to pop up, such as the reported German increases in May […] More
New Overnight Developments Abroad - Daily Update
New Overnight Developments Abroad: Asian Stocks Post Sixth Daily Drop in a Row
July 8, 2009
The Nikkei lost 2.4%. Stocks also fell another 2.8% in India, 1.3% in Thailand, 0.7% in Taiwan, 1.0% in Pakistan, 0.6% in Singapore, 0.4% in the Philippines, and 0.8% in Hong Kong. The German Dax and British Ftse have edged 0.1% and 0.2% higher. The yen hit six-week highs of 130.42 per euro and 94.08 […] More
