Stock market, and economy, at any point in time are unfathomable IMHO. Among plethora of conflicting news, it is a challenge to understand the true state of affairs. Plus majority of us are biased. A Bull is always on a lookout for good news. This blog is for Bulls- where only those news are posted which strengthen Bullish outlook. If a Bear stepped into this Bull territory by mistake, he should get out and visit a field dedicated to Bears: http://for-bears.blogspot.com
Tuesday, February 9, 2010
Factory output is expanding in most major economies
Factory output is expanding in most major economies
Manufacturing is showing signs of a comeback. The sector is expanding in the U.S., according to the Institute for Supply Management. In Europe, Greece and Spain are reporting continued contraction, though at a slower rate than a year ago. Meanwhile, factory output is expanding in Britain, France and Germany. Among the big developing economies, Brazil, China and India are experiencing solid manufacturing growth, according to research firm Markit. The Economist
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