G20 policymakers are agreed that it is too early to pull the plug on economic life-support packages as the global recovery is still fragile, said British finance minister Alistair Darling.
The crisis the world went through is just an appetizer for a future one because the weaknesses that created it have not been addressed, Marc Faber, author and publisher of the Gloom, Doom and Boom Report, told CNBC Friday.
Thursday, 24 Sep 2009 | Source: The Associated Press
U.S. Treasury Secretary Timothy Geithner says he is seeing encouraging signs of a global economic rebound, but the world still has a way to go to emerge from the severe recession.
With the White House focussed on the trade imbalance between the US and China should you be focussed on trades that benefit from a weaker dollar?... Read More
I have been warning clients for about two months that the mid-June-mid-October time period is the danger zone for a mood shift, and it looks like we're on schedule.... Read More
Emerging markets took the performance lead during the second quarter of 2009, with stocks in India and Russia jumping over 40%, as global markets recovered from multi-year lows... Read More
Investors shifting their focus to opportunities overseas, encouraged by hopes of a recovery led by emerging markets, could see their returns increase as the dollar weakens and global indices rise.... Read More