Posts Tagged ‘recovery’
Standard & Poor grades Greek economy as junk
In another blow to the European recovery, Standard & Poor has now downgraded Greece to a junk nation. While this may not come as a surprise, the effect may become bigger than expected. Greece has severely harmed the EU recovery and in a way also the EU formula. In breaking the rules and misleading their [...]
Breaking the 11000 barrier – The Dow is back
The Dow ended slightly up after a wavy day which, despite strengthening signals, is a good indicator of how delicate the current economic balance is. So what is the problem? Lack of affirmation and distict milestones. Checking the live stats on the markets keeps giving a sense of living on the edge. Although the “financial [...]
DJIA hovers on the 10000 mark
The Dow started the week with an expected loss before rebounding towards the even mark. The financial markets are still troubling the Dow and global markets while energy and futures are up. The financials and BAC continue to haunt the life out of the Dow and the ghost of financial mismanagement will probably be around [...]
