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Global Recovery in Full Swing
Between the amazing growth rate of Chinese industrial production, stronger-than-expected retail sales figures throughout the past six months in the U.S., and solid price rises in Canadian real estate, it can be concluded that the global economic recovery may be taking place much quicker than many economists had anticipated. China’s statistical authority recently reported that factory output is almost twenty percent higher in November 2009 than it was in November 2008.
Wall Street’s Lost DecadeAs we enter the second decade of the 21st Century, Wall Street is in an upbeat mood since the financial upheaval experienced in late 2008. Bringing good news to investors and Governments around the World, but the bad news is that the first decade of the 21st Century a decade were stocks had an average of a minus 10% return.