Allegedly, the US economy is stabilizing and therefor the markets are responding favorably.
My opinion is simply this, wait till we see the real unemployment numbers for March on Friday.
Some economists predict double digit unemployment as the average, coming real soon.
Regardless, the G20 came up with a $1.1 trillion plan to boost the world economy. This sent markets into a rally. The money runs through the IMF and some of the more severely struck emerging countries will get it. Sarkosy is celebrating the fall of deregulated capitalism. What kind of conservative is that? He needs Limbaugh lessons.
Reuters: Nikkei hits 3-month high on US economy hopes, yen
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