Stock Exchange Still Holding On To Gains
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While in the U.S. the S&P 500 has declined less than 10 most popular blogs% since mid-March, global markets outside of the U.S. have been in serious corrections. The stock markets of the world's next 11 largest economies have plunged an average of 18.4% and show few signs of bottoming. Several have exceeded the 20% decline that defines entry into a bear market.
Another admitted steroid user, Brian Roberts, is the face of the franchise. Generally speaking, it's hard to listen to moral arguments regarding a sport that hands out $180-million contracts in the midst of a great blog sites crisis to men playing children's games.
The week's reports included list of business blogs (GDP) for the first quarter being revised down to just 1.9%, from the previously reported 2.2%. Consumer Confidence fell in May in its biggest monthly decline in 8 months (versus forecasts that it would rise). The Pending Home Sales Index (contracts for future home sales) fell 5.5% in April, its first decline in 4 months. The closely watched Chicago PMI, which measures business conditions in the Fed's Chicago region, fell to 52.7 in May from 56.2 in April. Any number above 50 indicates that businesses are still expanding, but it was the third straight monthly decline, clearly headed in the wrong direction. And the national ISM Mfg Index dropped to 53.5 in May from 54.8 in April.
china 10 most popular blogs If the argument could begin with both sides acknowledging those three sentences, we might actually get somewhere. We are emitting vast amounts of CO2. Some of that stays in the atmosphere and prevents heat from escaping back to outer space. This combines with other things we do to heat up the planet, such as cutting down trees and practicing agriculture and livestock raising on a large scale.
I invite you to join me travel blog comments in a new conversation. We can create it together in the days and months to come...and before you know it, a new and vibrant economy will emerge.
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