equityresearch
Equity Research
Global stocks rose, led by speculation that the global eeconomy is recovering as commodity prices gained, New York manufacturing expanded faster than estimated and improved earnings from Barclays. Moreover the confidence among U.S. homebuilders rose in February to a three‐month high, a sign that the housing market is stabilizing amid government support also added to the rise in stock prices. The National Association of Home Builders/Wells Fargo index of builder confidence increased to 17, higher than anticipated, from 15 the prior month, the Washington‐based group said. At the same time the Federal Reserve Bank of New York’s general economic index rose to 24.9 this month from 15.9 in January. Barclays doubled its profit in 2009, adding to
evidence that government efforts to underpin the financial industry are
working after banks worldwide recorded $1.7 trillion in losses and write
downs.
http://www.nirmalbang.com/Upload/Daily170210.pdf
evidence that government efforts to underpin the financial industry are
working after banks worldwide recorded $1.7 trillion in losses and write
downs.
http://www.nirmalbang.com/Upload/Daily170210.pdf