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The stock market defys the bad news

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The unemployment situation

Today news aboute the unemployment rates hit the streets. The situation is whorse than expected by experts as 250.000 people are now out of jobs instead of the 205.000 that were expected. These people are in a terrible situation loosing their jobs this close to christmas.

The Beige Book

Around noon american time the yearly Beige Book came on the street. This book contains an analycsis of the nations financial situation in general. The bank managers of the twelve Central Banks contribute to the analysis by sharing their views. This year the evaluation of the financial situation was whorse than last year. aboute the good new on the stock market today here

Written by admin

december 16th, 2008 at 7:15 pm

Posted in business

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