by Forex Gump | 4 years ago | 9:50 AM | 30 Apr 2009
'US consumer confidence jumps in April' - Perceptions, perceptions and perceptions is all that this seems to be about. Just last week the results of the Conference Board index were interpreted to be not so hot, though an indirect reference was made to a likely inflexion point being reached in the recession. … More…
by Forex Gump | 4 years ago | 9:25 AM | 23 Apr 2009
The latest results declared by the Conference Board for its Leading Economic Index for the U.S. provides an insight into the health of the US economy. The index declined 0.3% in March, following a 0.2% decrease in February, and a 0.2% decline in January. But, just what are the Conference Board and its Leading Economic Index?… More…
by Forex Gump | 4 years ago | 10:27 AM | 17 Apr 2009
Opening up trade was considered a mantra for economic growth and prosperity. The developed world and the IMF advocated this for various nations. It was expected to promote investment and exports such that a large number of economies would benefit. … More…
by Forex Gump | 4 years ago | 11:20 AM | 08 Apr 2009
It appears that the recent stock rally was more driven by expectations of a hopeful recovery than being based on any real recovery. The inevitable can be expected of any such surreal rally and the stock markets, after a brief positive spell, have been heading down again. … More…
by Forex Gump | 4 years ago | 9:58 AM | 01 Apr 2009
This isn't kung-fu fighting, but it could get a little bit frightening - for the US dollar in the least. China seems to be indulging in another kind of kung-fu fighting in a new cold war style, while trying to assert, its new found economic dominance, into the world order. … More…