Two contrasting statements are hitting the front pages today. On one side of the Atlantic, deflation has arrived in the U.K. High Streets. A report from British Retail Consortium (BRC)-Nielsen Shop Price Index shows that …
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Asian Stocks Fluctuate as Oil, Shippers Drop; Telstra Advances
BusinessWeek Yesterday in New York, the gauge rose 0.2 percent on the anniversary of its 2009 bear-market low, amid speculation the economy will continue to recover from … |
Australia shares tread water a year after market lowNinemsnBy Victoria Thieberger MELBOURNE, March 10 (Reuters) – Australian stocks ended dead flat on Wednesday, on the one-year anniversary of the bear market’s …
Confidence still wanting despite one-year rallySt. Louis Post-Dispatch“When you are coming out of a bear market and you get a strong year like we’ve had, the second year is usually decent, too,” he said. …
Global stocks pull back from 6-week highs, euro slipsU.S. Daily (press release) (subscription)“Only once was ‘year two’ a year of negative return,” it said, referring to the early 1930s bear market. It said the average …
They were masters of a parallel universe, the soul-mates of a new technology. Then the real world intruded on mutual fund managers who’d been Poseidons astride the Internet-stock wave.
What a difference a year makes. I last wrote those words on Oct. 8, 2008, one year after the U.S. stock market peaked. This time, the occasion is happier.