U.S. consumers pose threat: What if they stop spending?
Article Abstract:
Consumer spending in the United States has slowed and further lack of spending could savage world equity markets, particularly China. Consumer spending by Americans is being effected by rising interest rates, debt service charges of 13.6 percent, and new personal-bankruptcy legislation. Personal wealth would also be less if the bottom falls out of the housing market as home valuation would be decreased.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
Dollar comeback upsets equation
Article Abstract:
United States Dollars investment in foreign stock markets was forecast as a good bet, foreign exchanges were expected to rise and the weak Dollar was to exchange in profit when translated from stronger foreign currencies. The foreign markets have performed strongly, however the value of the Dollar has strengthened, rising 12 percent against the Euro.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
Major stock markets may be next bubble to rupture
Article Abstract:
Economic trends including the increases in US bond yields and the liklihood of interest rate hikes is leading to concern from some analysts that international stocks could experience corrections with particular concerns over China's economic situation.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Loose wire: the pen is mightier than the computer, too. Double Vision
- Abstracts: Three orders for 'big little inshore boat'. Seiner owners back for new boat. Brittany boat targets monks
- Abstracts: Purse seines from China for top Norway ships. Indian netting 'competes on quality'. Big meshes pushing purse seines deeper
- Abstracts: Enterprise resource planning: managing the implementation process. The impact of strategy and integration mechanisms on enterprise system value: empirical evidence from manufacturing firms
- Abstracts: Modeling the reentrant job shop scheduling problem with setups for metaheuristic searches. Powerful heuristics to minimize makespan in fixed, 3-machine, assembly-type flowshop scheduling