Saturday 1 November 2008

Ctrl BG: A Shortcut to Financial News 11/1

It was a good week for the markets this week. The DOW went up 11.3% for the week- the biggest one-week gain since October 1987 (also the time of the last market crash) and it was generally very positive globally too. It's actually kind of strange seeing as there wasn't exactly any positive news coming out this week. The GDP data came out and we are officially in a recession with an annual GDP