Ultimately has the bleeding been stopped by the government and what else could happen are the key focal points to bear in mind at least for the short term future.
What's Up Jono?
Economic growth slightly faster than first thought - Yahoo! Finance
Economic growth is speeding up in the US it appears after initial weakness in domestic sales and exports are starting to recover. However, the beginning but not the end of any impending US domestic based recovery - and with quantitative easing as the last measure to kick-start the economy, unemployment (9.6%) and housing (2.2% lower) still remain key issues on the table that affect the international competitiveness and the longer term economic prospect for the US.
Steady Growth without the Fizz
The era of stable earnings , less volatility is nye. Look no further than your good old consumer good stocks if you're interested in solid returns without the choppy rollercoaster ride.
As evident by the steadily upward trends by food giants Coca Cola (KO) and McDonalds (MCD), there is actually a way to make a 20% return without risk.
What's even more impressive is that these exceed the market return for a similar period.
That's good for the economy... after all there's not really any way that McDonalds can create a funny complex burger that will implode the marketplace it operates in.
What's Up Jono?
Sara Lee Sells Bread Business to Bimbo
No, this isn't some far fetched sitcom episode, rather Sara Lee has sold its bread baking arm in the USA to a company in Mexico called Grupo Bimbo for $959m.
The Baking unit of Sara Lee had been experiencing modest growth but was sold off to Bimbo as a strategic acquisition. Grupo is one of the leading bread manufacturers in the world and will definitely benefit from the rights to produce in all areas that Sara Lee has presence other what Western Europe, Australia and New Zealand.
This time the bimbo has some substance!
What's Up Jono!
All aboard the QE2 - setting sail today.
The Fed announced the much awaited QE2 this week, once again pushing the stocks, commodities and gold prices up today. However, summarised in This article , there is still much conjecture as to whether the $600bn stimulus package is a long term fix to the weak economic conditions.
The argument against the quantitative easing revolves around the fact that it will cause inflation, however the flooding of the market with money would appear to also be increasing the competitiveness and attractiveness of the market vs the rest of the world.
The USD depreciated further against most currencies today. My favourite AUD was 1.004 to the USD.
What's Up Jono?
The argument against the quantitative easing revolves around the fact that it will cause inflation, however the flooding of the market with money would appear to also be increasing the competitiveness and attractiveness of the market vs the rest of the world.
The USD depreciated further against most currencies today. My favourite AUD was 1.004 to the USD.
What's Up Jono?
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