Word: recessional
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Despite the volatility in the stock market and a weak economy, investor confidence in the capital markets has stabilized, according to a new survey. However, investors are split over when they think the recession is ending.
In general, the projection for late 2010 and 2011, when much of the stimulus spending will have run out, is that the economy will continue to grow but at a rate slower than past recoveries. A recent poll of economists by the newsletter Blue Chip Economic Indicators found that on...
See 10 big recession surprises.
On Oct. 2, Irish voters will go to the polls for a second time to vote on the Lisbon Treaty, an agreement already ratified by most of the other 26 members of the European Union that aims to reform and streamline the newly expanded organization. In June 2008, Irish voters...
There's also the matter of the economic downturn. The worst recession since World War II will see Europe's biggest economy contract by 5% in 2009. While Germany's economy grew 0.3% in the second quarter of this year, it will still be a slow climb out of recession...