Washington Post,Nov. 15th page D4: It was another ugly month. Brian Bethume, chief US financial economist for IHS Global Insight, wrote in a research note. Recession could be moe difficult than some economists initially expected. Economists have worried that the economic downturn will translate into a brutal holiday shopping season for retailers. But the data could be worse.
Wall Street Journal, Nov.15-16,2008 weekend edition: Consumers hasten retreat, dimming holiday hopes.
Page A5: Breaddown of government stimulus spending in China:
Plans for the 4th quarter of 2008:
Total spending 100 billion Chinese Yuan i.e. RMB ($14.65 billion)
34% rural infrastructure
25% Rail, road and airport construction
13% Health, education and social services
10% Construction of publilc housing
Performance of China (Shanghai Composite) 13.7% +shares rise modestly.
New York Times: World leaders vow joint push to aid economy: New Round set for April 2009 after President Obama would make decision officially.
On PBS, the events of 1929 are portrayed with eerie causing mystery with fear. Economic crash from grace. Let me watch the happenings in the days to come.
Investor's Business Daily, Nov.17,2008:
Page A14: A resurgent China helped push world equity into positive territory and to outperform US diversified stock for a 2nd straight week.
Francis Shieh a.k.a. Xie Shihao, a reader share info with other readers.
Sunday,November 16, 2008 at 4.38 p.m.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment