News Hub: 2010 Market Preview 12/30/2009
WSJ’s Matt Phillips joins the News Hub with a look at what investors can expect from the market in 2010.
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Asia’s Outlook for 2010
Anthony Michael, head of fixed income in Asia for Aberdeen Funds, talks with MarketWatch’s Andria Cheng about the outlook for Asian markets next year.
12/29/2009
"Overall household indebtedness is up from $7 trillion to almost $10 trillion since 2000. On this sum, we estimate, the American consumer has an annual interest bill of more than $500 billion; a sum, by the way, that vastly exceeds his current income growth." —Kurt Richebacher
Knowing that the vote over the weekend in Greece was really a referendum on Euro membership, a majority of the Greek Parliament said yes to staying. European Finance Ministers meet again on Wednesday to solidify the 2nd bailout package for Greece at the same time hopefully a deal is consummated between Greece and its creditors this week. The Greek 14.5b euro bond that matures on March 20th is up by 2 pts. The optimism that all will be completed and contained AGAIN to Greece has yields lower in Portugal, Spain and Italy. The iTraxx Financial Index is also narrower by...
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