December as investors await their g. D. P. Numbers out. And that is what you need to know. David for more on those g. D. P. Numbers, we turn now to carl, chief of u. S. Economist. So we have five quarters of slim pickings. What are we looking forward to . Its growing at 3. 3 five quarters ago. Now were growing at 1. 3 which is below the feds neutral growth separate and thats problematic for the economy. Consensus going into todays number have steadily deteriorated over the course of the quarter from north of 3 , 3. 5 well say at the start of the quarter down to only 2. 6 . And i think theres a risk maybe that Consumer Spending which was the major Growth Engine in q2 could fire on a much softer level in the Third Quarter. Alix inventories. We saw it drop on the Second Quarter which is unheard of when youre not in a recession. When is the payback for that . That subtracted about 120 basis points off the headline growth figure. And the expectation was well, that will turn into a significa
The only way to top it off essendon meaningful. Ukraine is in the midst of a political crisis and the president Viktor Yanukovich has gone on sick leave. No one knows when hell be back on some opposition to his seat as an excuse to avoid further discussion of which have so far failed to put a stop to two months of sometimes violent and deadly protests yanukovich has offered freedom from prosecution to peaceful protest is but only if they beat the official buildings there okay fine and that doesnt look like its going to happen and in the meantime the pressure on ukraines government is calling for above the waist and from russia the headquarters of the revolution. Dance with demonstrators had painted on the walls of kiev city home its one of the key buildings is occupied and which the government insists they must give up. This building is strategically very important to us as many people come here to stay warm and sunny. And it is really cold outside right now so we arent about to leave
Foreign investors loaded up on Chinese stocks for a third straight month in April, adding to evidence that global fund managers have become more positive about the world’s second-largest market.
Goldman says Chinese stocks may rise 40 per cent amid ‘more conducive trading environment’ in near term, while UBS raises ratings on Chinese and Hong Kong stocks to overweight.
Investors have rushed to sell, Credit Suisse, the Zurich-based bank s shares amid concerns about its financial health as it prepares to unveil a costly restructuring plan due later this month, Al Jazeera reported.