Monday, January 3, 2011

U.S. economic outlook is not good, the Dow fell over 300 points.

<P> 1 月 17 日, "NewYork Times" (New York Times) published a signed article for the MICHAEL M. GRYNBAUM, said Thursday as the manufacturing sector published a disturbing report, coupled with the subprime loan losses .heavy losses, the real estate market slump and other adverse conditions will further exacerbate the increasing number of signals, seriously damage the confidence of investors the U.S. stock market fell sharply again. .Dow Jones Industrial Average fell more than 300 points. .</ P> <P>: http://finance. S & P fell below last year's March of the low level, to close at a drop of 2.9%, so that since 1 January this year, a decline of 9.2%. .</ P> <P> Dow Jones industrial average fell 306.95 points, or 2.5%, to close at 12,159.21. .</ P> <P> Nasdaq composite index fell 2%. .</ P> <P> Thursday morning, the Fed issued a report on the manufacturing sector, caused great concern and worry of investors, the rapid deterioration of the original stock has been rising. .Report, the Fed said the survey showed that in the Philadelphia region's manufacturing recession worse than expected. .</ P> <P> analysts say investors are now every day more and more information is received, acknowledged the economy is in recession. .</ P> <P> Thursday, Fed Chairman Ben Bernanke told the government audit of the Federal Reserve reiterated warnings sharp decline in consumer spending. .He also hinted that the Fed may be in the interest rate meeting this month to further reduce the interest rate by 0.5 percentage points, and said the central bank was ready to take all practical measures to support economic growth. .</ P> <P> Typically, investors will cut interest rates any news of great interest, but the Bernanke pledged to support a package of fiscal incentives to promote the economic difficulties, investors seem not to .the move. .Some analysts said that these measures and the actual force, already too late. .Other analysts believe that Bernanke had wits, expressed the hope that a positive policy to help him solve the problem, "and do not require assistance from Alan Greenspan." .</ P> <P> released another round of Thursday, the real estate market data is exacerbated investor concerns. .The data show that investment in building new properties last month, the rate is the lowest in 16 years. .At the same time the collapse of the subprime market continues: Merrill Lynch announced a loss last quarter was 98 billion, the worst quarterly performance in company history; Citigroup situation is comparable. .Investors are worried that major banks in the banking sector will increase the contraction of credit losses, would jeopardize the basic source of the economy to develop. .</ P> <P> In addition, the euro rose slightly against the dollar, while gold prices rose in the days after the decline. .</ P>.

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