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| Cosima F. Barone | Vol. VII - Issue #133 | April 21, 2008 |
| The idea is there, locked inside. All you have to do is remove the excess stone. Michelangelo |  | |
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INSIDE THIS ISSUE:
Investors focused on mergers and earnings, ignoring mounting losses at financial companies, and decided to grow more optimistic about equities. Is the worst of the credit crisis over? Who can tell? Stock markets, after all, are all about future expectations! Equities in India, Russia and Canada in particular made a huge comeback last week. However, the worst performance was turned in by the Shanghai Composite index, which closed at a 12-month low, that is 49% below its October 16, ... Read more
Focus on short-term fixes is Argentina’s biggest problem. The country’s economic strategy has been flawed for a long time. Instead of tackling economic problems with a vision for the overall economy, quick fixes to selected imbalances have only resulted in short-term bursts. Meanwhile the overall economy has found it particularly difficult to stay competitive, profitable and afloat. ... Read more
Tables:
- MARKETS AT A GLANCE - Close as of April 18, 2008
- U.S. FIXED-INCOME MARKET AT A GLANCE - Close as of April 18, 2008
- COMMODITIES AT A GLANCE - Close as of April 18, 2008
- PULSE OF THE U.S. ECONOMY - As a Guidance for Other Geographies
- CURRENCIES AT A GLANCE - Close as of April 18, 2008
- MONETARY POLICY-MAKING AROUND THE WORLD - The Leading Seven ...
Charts:
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