Posted
3:37 PM
by Gene
3:10 PM Ken Fisher [a highly favored advertiser at FORBESLIST.COM]
says pessimists fail to take into account the big spread between short- and long-term interest rates, a classic indicator of an economy on the verge of recovery, and ignore the amount of junk bonds sold in Q1.DOW 1,000,000!!!!!!!!!!3:32 PM Eurozone combined debt may top 100% of GDP in the next few years, and high public-sector borrowing could have "severe consequences" for growth and stability, ECB's Juergen Stark warns. "These fiscal developments are all the more worrying in view of projected ageing-related spending increases." DOW 2,000,000!!!!!!!!!!