Wednesday, March 4, 2009

Financial Headlines 3/4/2009

Some economic headlines:


Joshua said...

At least China had some decent economic data overnight. Always nice to see the people bailing you out happy.

Reggie said...

Was it really good news? I thought they simply announced that they were going to announce a new stimulus package. "We will, with our dedicated workforce of one billion comrades, build a new United States right here in Beijing to buy all of our worthless junk. Never again will we be at the mercy of a system of exports..."

Joshua said...

Their manufacturing index rose more than expected but is still sub-50 which signifies contraction. Whatever good news we can get we should take.