From a historical perspective, January is usually a positive month for global equity markets.
A final wrap up for the year by your editor.
Most forecasters are anticipating it won’t be until the middle of 2009 before the global economy begins to recover.
Merrill Lynch’s survey among global fund managers has generated some interesting insights.
Christmas is happening next week, but there’s still a fair bit on the US, UK and Japan calendars.
Each Christmas CommSec speculates on what the new year might bring.
Next week will undoubtedly see a reaction to Canberra’s new stimulus package, while the outcome of the US auto industry bailout will also be under the microscope.
Several noteworthy economic release are out in Australian, but the ever complicating roadmap laid out by Wall Street will provide much of the week’s direction.
Weekly musings from your editor. The greatest wisdom on earth plus the most bearish assessment thus far. (Both not mine).
Next week will see a steady stream of economic data that is likely to lend insight into this week’s big releases and help clarify the road map for 2009.