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Robert J Shiller: Reviving the Animal Spirits
Published November 22, 2008, 10:52 am, Business Standard India
The most promising prospect for a return of business confidence now would be some kind of public inspiration—of the kind Obama’s win heralds for the US.
Investor fear remains deep despite one-day rally
Published November 22, 2008, 10:48 am, INO News
(AP:NEW YORK) Since the Nov. 4 election, investors have been abandoning stocks in a kind of slow-motion crash that experts say underlines just how anxious they are about what is likely to be a long and deep recession.
Investors wary after 'slow-motion crash' burns them
Published November 22, 2008, 10:42 am, Grand Forks Herald
Even after a late-day rally on Friday, the benchmark Standard & Poor's 500 index has plunged 20 percent since the election. That more than wiped out the index's 18 percent gain in the six trading days ahead of the balloting as optimism grew that Barack Obama would be elected president. Advertisement: KELLY'S BAR HAPPY HOUR 9 a.m. - 6:30 p.m. That's right, 9 a.m. to 6:30 p.m. Happy ...
Don't panic, keep trade flowing: Harper
Published November 22, 2008, 10:34 am, Canada.com
Prime Minister Stephen Harper warned world leaders at the Asia Pacific Economic Cooperation forum here that the Great Depression that began in 1929 was not caused by a stock market crash - but was a result of bad decisions made by governments and policy-makers.
Harper vows Canada will remain open to international trade
Published November 22, 2008, 10:29 am, CBC
Prime Minister Stephen Harper used his speech at the Asia Pacific Economic Cooperation forum to send a message that a freer trading system is the best way to restore world economic prosperity.
Investor fear remains deep despite one-day rally
Published November 22, 2008, 10:17 am, Lexington Herald-Leader
Since the Nov. 4 election, investors have been abandoning stocks in a kind of slow-motion crash that experts say underlines just how anxious they are about what is likely to be a long and deep recession. Even after a late-day rally on Friday, the benchmark Standard & Poor's 500 index has plunged 20 percent since the election. That more than wiped out the index's 18 percent gain in the six ...
NewsWatch: U.S. stocks look for respite in holiday-shortened week
Published November 22, 2008, 9:18 am, Market Watch
U.S. stocks will start next week with investors looking for some respite after reports of key nominations to the administration of President-elect Barack Obama helped stem heavy selling that had slammed the market to 11 year lows.
Is Japan's 'lost decade' a window to the future?
Published November 22, 2008, 8:52 am, Hamilton Spectator
TOKYO — As the worst financial crisis since the Great Depression unfolds around the world, everyone is wondering what the future holds. How bad could this get? For some sobering answers, just ask Kazumi Suzuki.
Falling gas prices slow Canada's inflation rate
Published November 22, 2008, 8:47 am, CTV Toronto
Echoing a steep drop in U.S. inflation rates, falling gas prices between September and October led to the largest dive in Canada's inflation rate in nearly half a century.
Treasury Yields Drop to Record Lows as Recession Concern Rises
Published November 22, 2008, 8:01 am, Bloomberg
Nov. 22 (Bloomberg) -- Treasuries yields tumbled to record lows, with rates on three-month bills dropping near zero, as investors sought the assurance of getting their principal back as the global recession deepened.
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