26 Aug '12, 8pm
Weekly Technical Update – S&P 500
Game Plan, Refinancing Plan and Stimulus Plan…To me, whatever plan that may be, it is just to restore confidence. - ECB making progress on its game plan to combat euro zone’s debt crisis prompted investors selling Treasury bonds and embraced stocks. - Greek Prime Minister Antonis Samaras has told German Chancellor Angela Merkel his country needs more time to carry out economic reforms. - People may be expecting that the global central banks to announce steps to stimulate economic growth, maybe till the extent of expecting too much.