Now is the middle of second quarter earnings season. According to Bloomberg, out of 54 companies which reported their earnings, only 10 fell short of expected EPS by analysts. Fairly bullish view one might say, but not under current circumstances. In the face of double dip fears investors are switching their minds quickly. Market is searching for weakness in published second quarter data absence of which would be a proof  [ Read More ]

The Emerging Giant of the Far East Even though according to World Economic Outlook the world economy will expand 4.6 per cent in 2010, the biggest gain since 2007, the International Monetary Fund (IMF) warns on global recovery. The risk of a slowdown in the global economic recovery has risen sharply, but governments should continue planning to tighten fiscal policy, the International Monetary Fund has said. “In the near term,  [ Read More ]