ft.com - 10/30/2009
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By Sarah O’Connor and Krishna Guha in Washington amd Alan Rappeport in New York Published: October 29 2009 12:57 | Last updated: October 29 2009 19:42 The US economy returned to growth in the third quarter after the longest period of economic contraction since the Great Depression, official ...
globaleconomicanalysis.blogspot.com - 10/31/2009
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globaleconomicanalysis.blogspot.com —
The stock market and commodities are giddy today
on the Third Quarter Advance GDP Estimate which increased...
at an annualized rate of 3.5%. Real gross domestic product -- the output of goods and services produced by labor and property located in the ...
(more)
Market Cheers Over Ugly GDP Report
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US, Asia, show new growth
FT Alphaville —
The US economy returned to growth in the third quarter after the longest economic contraction since the Great Depression. Official data on Thursday showed that Q3 US GDP grew at an annual 3.5% – slightly above analysts’ predictions - after shrinking in each of the past four quarters. At the same time, the IMF more than doubled its forecast for Asian growth for the year to 2.8% and raised its 2010 forecast to 5.8% from its May estimate of 4.3%.
UK economy like an episode Eastenders, says Morgan Stanley
FT Alphaville —
... are our preferred ‘real’ asset class over property and we remain particularly cautious on house prices given concerns over the cost and availability of homeowners’ credit going forward and the irrelevance of weak GBP to the vast majority of the UK housing market. Or they could just wait things out and watch a spot of telly . Related links: The UK has a ‘disturbing parallel’ with Japan, says Posen - FT Alphaville How to survive The Tightening - FT Alphaville US economy starts to grow - FT
Words from the Investment Wise 11.1.09
The Big Picture —
... for several months until it is confirmed the unemployment rate has peaked.”
Source: Asha Bangalore, Northern Trust – Daily Global Commentary, October 29, 2009.
Financial Times: US economy grows
“US GDP figures raise a number of important questions, says Martin Wolf, chief economics commentator of the Financial Times.”
Click here or on the image below to view the video clip.
Click here for the full article.
Source: Financial Times, October 29, ...
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