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Nigerian stocks scrape weak rally on higher demand for big-cap bank stocks

Nigerian stocks scrape weak rally on higher demand for big-cap bank stocks
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CNNW Your Money October 8, 2011

this is based on the forward looking indicators of the business cycle. that s all we do is watch those indicators, monitor them. there s an overwhelming message when we look at those indicators that is consistent only with the new recession starting here. when you think back to 2008, while we made that call, then it was prior to the lehman crisis economists were looking backwards at gdp. once we saw the lehman crisis everybody was on board with the fact there was a recession. before that there was a question. correct. when you see gdp positive or jobs numbers positive, you say there isn t a recession and you get pushback. time will tell. harvard professor, chief economist for international monetary fund. you ve been on the show before. your point of disagreement, you say a lot of people feel the recession never ended. now, we are four years away from the official start of this recession. it started in december of 2007. we re certainly three years into the worst of ....

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CNNW CNN Newsroom August 11, 2011

up right now, and that s a good sign considering we re more than halfway through the trading day. you are seeing stocks rally on good economic news of the jobless claims numbers fell last week and we got strong corporate earnings from a bellwether company, cisco system, and you are seeing wall street focus on the positive today and we are seeing the bargain hunting going on as well, and you are seeing the bargain hunters getting in there and buying stocks up, randi. and the trader mthere with you, allen valdez. what about the first time they dropped below 4,000 for the first time in four weeks, and how much do you think that contributed to the rally we are seeing today? well, under 400,000 you know, that jobs number is probably the most important number for traders. it really is. we watch that number on a weekly basis. and this economy is powered by consumer spending, so if the consumer is not working he is not spending. anything under 400,000, they re not spendin ....

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Detailed text transcripts for TV channel - CNN - 20110121:16:15:00

D dow by 5%. its financial ewing it is improving. everyone is rallying on ge since it is an economic bellwether company. carol. alison kosik, thanks. are we raising a generation of lazy texters that don t know how to work hard? that s what these parents think. internet security company avg polled 2,200 moms in several developed countries with some eye-opening results. small kids, we re talking ages 2 to 5 seem to be mastering technical skills before life skills. 19% can play with a smartphone application but only 9% can tie their shoelaces. wait until you hear about what seems to be replacing exercise these days. ....

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