Larry's Blog
2010 GDP Growth Expectations: Advantage United States
November 9, 2009
The new November Economist survey of forecasters shows an upwardly revised U.S. GDP growth projection of 2.6% for 2010, which is substantially higher than forecasts of 1.5% in the case of Japan, 1.3% for Great Britain and 1.2% in the euro area. This perceived advantage is not a new phenomenon. Eight months ago in the […] More
New Overnight Developments Abroad - Daily Update
New Overnight Developments Abroad: Stocks Higher as Yen and Dollar Falter
November 9, 2009
Markets reflect less risk aversion following agreement among G-20 finance ministers meeting in St. Andrews, Scotland to maintain fiscal support. Officials could not agree on implementation of a Tobin Tax on financial transactions. India’s Prime Minister Singh is quoted on the wires as saying that faster growth should facilitate a reversal of that country’s fiscal […] More
