Global – Page 20 – Your Financial FactSheet

When Will This Recession Finally End?

Luskin, SmartMoney: “I have a lot of institutional clients who take very seriously the idea that this recession could be permanent. In their minds, it could turn out to be more like a depression. Even when we pull out of the worst of it, we’ll be stuck with year after year of slow growth.”

AP Japan: The leaders of Japan, China and South Korea said that Asia must be the engine of growth to counter the global financial turmoil, vowing to rev up their economies with infrastructure projects and bolster domestic demand.

Bruno and Paradis:- “Stocks give up biggest gains as financials lag: concerns about deal for automakers”
New York (AP): Wall Street tussled with fresh worries about the health of financial sector and the Big Three automakers Wednesday, forcing stocks to surrender most of their early gains.

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