Optimism Boost Global Markets

April 30, 2009

People around the World are beginning to realize that the sky indeed is not collapsing onto them, and a bottom is in sight if not near.  Japan’s industrial output rose for the first time in six months. Consumer spending ticked up slightly…all positive news for world-wide economies… Read the full story here:

http://www.nytimes.com/2009/05/01/business/01markets.html?partner=rss&emc=rss


G7 Signals Worst Of Recession May Be Over

April 25, 2009

Excerpt:

“WASHINGTON (Reuters) – Finance chiefs from the G7 powers said on Friday the global economy may be past the worst phase of a recession although recovery was not yet assured, and they pledged to make sure that big financial firms are sound.”

Full Story:

http://www.reuters.com/article/businessNews/idUSTRE53M52K20090425?feedType=RSS&feedName=businessNews


Greenshoots Posts Positive Results From G20

April 7, 2009

Our friends “across the pond” are finding good news out of the recent G20 meeting.

http://greenshoots.wordpress.com/2009/04/05/reasons-to-be-cheerful/


Chinese Survey Shows Manufacturing On The Rebound

April 7, 2009

Thanks to Tara Lightner for this contribution:

http://finance.yahoo.com/news/Chinese-survey-shows-apf-14839117.html


European Central Bank Presidet Says Global Turn Around Near

March 12, 2009

Jean-Claude Trichet predicted recently that the global economy was nearing a turning point.  This is not consistent with some other central bank leaders from around the globe.  But as president of a major central bank, his word can be taken as some positive economic news for the entire globe.

Thanks to reader and new contributor Rich Roedger for this contribution!

http://www.vancouversun.com/business/fp/Pushing+right+buttons+turn+world+economy+around/1376877/story.html


China Posts Uptick In Confidence Sending Oil Up

March 5, 2009

China’s Purchasing Manager’s Index (PMI), their leading manufacturing index rose to 49 from 45 in January.  And who is one of our major trading partners?  Does this mean China’s uptick is a relfection of our consumption?  Positive news for China’s economy would hopefully suggest something of the same here, if the “fear factor” would subside.  Thanks to reader and contributor Steve for this submission:

http://business.maktoob.com/NewsDetails-20070423214219-Oil_prices_jump_on_Chinese_demand_hopes.htm


Positive News Is Infectious

February 10, 2009

All the way from across the pond a new blog has been started by a positive news comrade, Rob in the UK (for us US folks, no that’s not the University of Kentucky) ;-)   He’s just getting it kicking and will not solely be focused on economic news, but rather a wide variety of positive, or at least not negative news events.

I wish him well and will be putting a link to his site on the blogroll.  And for those of you in the UK that care to help a brother out, I’m sure he’d appreciate any positive news links you can provide him.

Here’s the link to his blog

www.greenshoots.wordpress.com


China’s Economy Rebounding, How Far Can We Be Behind?

February 4, 2009

This doesn’t surprise me since the goverment in China influences if not controls the media.  Their purchasing manager’s index was up 10% to 45 this month, and a chief economist says they have reached the bottom of their “V” shaped economic dip and is poised for a rebound.  Makes me wonder where we’d be right now if the mainstream media would put half the effort they do into providing all the bad economic news, with something positive about our economy.

Thanks to reader and new contributor Jeff Stankard for this link!

http://news.yahoo.com/s/nm/20090204/ts_nm/us_financial;_ylt=AuLIx5YOZOHhuK7jPJiFsJhZ.3QA


World Stocks Rebound On Improving Credit Confidence

October 20, 2008

Overnight, world stocks got a bounce as indications are that the credit crisis could be easing as governments turn to bailouts to help their ailing finance systems.  Read the entire story at  Reuters.

http://www.reuters.com/article/businessNews/idUSTRE49H09N20081020?feedType=RSS&feedName=businessNews


Government Backs Freddie Mac, Fannie Mae, Markets Respond

September 8, 2008

The US Government took over and will be backing Freddie Mac and Fannie Mae, the two housing loan giants that hold the majority of US mortgages, and the markets responded positively around the globe.

Coupled with the recent decline in oil, two major hurldes have been cleared for the short-term.  Keeping a positive eye on our economic future is important right now as we still have the housing market in a slump and consumer confidence still needs a boost.

Read the entire story at the New York Times;

http://www.nytimes.com/2008/09/09/business/worldbusiness/09markets.html