Stock Markets Drop over the Week as Earnings Disappoint Investors, While GDP Shows U.S. Economy Expanded Beyond Expectations!
The U.S. economy continues to recover from the worst recession since WWII, though the recovery is somehow slow, since economic activity is yet to be restored fully, though it seems that the U.S. economy is on the right track to emerge safely from the recession, but it will probably take some time before the economy can fulfill its long term growth potentials. The start was with the housing market, where the existing home sales and the new home sales both signaled that the housing market is
UK 4Q GDP Expands while Global Labor Markets Remain Fragile
As the global outlook is on the right road to recovery while there are increasing signs that the worst recession since post world era is over, confidence levels continue to leap, although the improvement we are witnessing currently in economies is as a result of the temporarily measures taken by central banks and governments around the world. Germany, the biggest nation in the euro zone contributing nearly a quarter of the euro zone GDP, posted a rise in confidence levels this week to an