Archive for December, 2009

Since the stock market around the world, held in March, when most of the year’s lows hit in 2009 was restored.
This year, the government and central banks around the world took extraordinary measures to get their economic growth.
The Financial Times in 2009
In London, the FTSE saw the biggest since 1997, the annual gains, up 22% [...]

Record fees from debt issuance and a big jump in capital raisings this year have offset plunging deal revenues, annual figures show.
Investment banks earned $18bn from debt capital markets in 2009 as companies tapped bond markets heavily to shore up balance sheets, according to Dealogic. A 33% rise in revenues from debt issuance coincided with [...]

Stock markets in the US approached 14-month high after strong house sales offset disappointment over lower economic growth. The National Association of Realtors revealed a surprise 7.4% rise in existing home sales, to 6.54 million last month, the property market’s monthly best performance since February 2007.
The NAR reading was more than double the 3.3% growth [...]


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