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Tips Should Not Be Included
We`ve Reached A Tipping Point
Quote by: Clare Hart (Vice President and Portfolio Manager of JP Morgan`s US Equity Income fund)
Quote made on: 31/03/2012
Quote Submitted by: Michael Rogers
Source: "The Daily Telegraph"
Editor's Notes
Recently, when the Dow Jones stood at 13,212.04, the “Daily Telegraph” was maintaining that America had hit “a sweet spot” and Clare Hart was explaining why “Uncle Sam has a lot more to offer British investors”. Ms Hart felt that the investment environment was, “..a lot less hostile and some of the big weight (had) been lifted off the market – and investors` minds”, going on to say that, “At a certain point, people begin to feel better about things”.
Well, hold that feeling because, just over seven weeks on, the Dow has lost 6.37% of its value and that sweet spot has turned a bit sour. We know it should be a marathon not a sprint but, in either race, it helps to set off in the right direction.
(2 votes, average: 9.00 out of 10)
Loading ...Published on: May 21, 2012
World Economy Saved From Potential Meltdown
The world economy has been saved from potential meltdown and growth will be stronger than expected this year (according to a leading economic consultancy, the Centre for Economics and Business Research).
Quote by: Kathryn Cooper (Economics Correspondent for "The Sunday Times")
Quote made on: 15/04/2012
Quote Submitted by: David Butler
Source: "The Sunday Times"
Editor's Notes
The article went on to say that, according to the CEBR, the risk of a break-up of the eurozone and the implosion of the global banking system had receded, despite the continued weakness of the European economy. The CEBR had revised up its forecast for global growth from 2.5% to 2.8% and predicted a healthy 3.6% by 2015-16. Furthermore, it thought the chances of a eurozone break-up had fallen from 60% at the end of 2011 to less than one in three.
The “Sunday Times” interpreted this as adding to the growing optimism that the British economy could avoid a double-dip recession when figures for growth in the first quarter of the year were due to be released at the end of April 2012.
I want to live in the CEBR`s world economy, as the current one is far more depressing.
(1 votes, average: 10.00 out of 10)
Loading ...Published on: May 21, 2012
Rock and Roll
The euro has been a rock of stability, as illustrated by the contrasting fortunes of Iceland and Ireland. Joining the single currency would be a major step.
Quote by: Former Labour MEP, Richard Corbett.
Quote made on: 16/01/2009
Quote Submitted by: Mike Booker
Source: "Bradford telegraph and Argus" ("Corbett Wants Debate On Euro)
Editor's Notes
Well yes, but a major step towards what exactly?
Today`s test – compare and contrast the fortunes of Iceland and Ireland since 2009. Now that didn`t take too long, did it? – if you stated that one country had surprised the rest of the world by the strength of its recovery and the other one was bumping along the bottom within the Eurozone, award yourself full marks.
(1 votes, average: 10.00 out of 10)
Loading ...Published on: May 17, 2012
