Milestone in the struggle to recover from a pandemic economy expanded by 3. 2 percent year on year than experts predicted it raises hopes of a rapid recovery elsewhere in the world while factories are ramping up again one sector is still struggling retail sales in china have continued to shrink. Correspondent in taipei so if Government Spending drove the recovery youre right actually the rising. Was helped by very strong and thus trio production and its very much a story of government led to assume a lez recovery so if we look at this Recovery Plan we know a chinese date has increased the amount of money bed local governments can borrow on their Infrastructure Projects so a rise and construction help chinese economy but if we look at other sectors for example in investment and consumption they asked you a week. When European Central Bank Officials meet in frankfurt today president cristina got to face questions on whether she has done enough to return europes economy to health one area
Andrew ross sorkin with joe kernen becky is off again today a little in the red. The treasury yields and earnings that may have an impact on all of this. The 10year note, we are now below. 6 we are down to. 592 we can debate what that means for today. Discussing Market Recovery and earnings Kansas City Southern and United Airlines ceo and health and Human Services secretary you want to stay tuned to squauchl the nasdaq down pretty significantly. It was up two or three hundred. It was up and did you know and up and down. It was really crazy. You heard cramer talking about that it was truly crazy. Insanity. The didnt hold on to the big gains. I think it was down almost 300 when cooperating on that at the end of the day, well see. I heard it said, well, you gave him an out he could have been resting on his laurels by now saying i would at least nuance it so i could claim to have been right if we had extended here. Doesnt it feel extended here. If i were paulson. Fur trying to be right all
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