Economic crisis – swine flu

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Source: Tom Toles, The Washington Post, April 21, 2009.

 

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Video-o-rama: Investors “look past the valley”

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As the financial markets await the bank stress test results in the US, a potpourri of video clips was produced. Although the discussions were varied, a golden thread prevailed: the duration of the financial crisis and the economic recession, and whether stock markets have hit bottom. Needless to say, the plight of the beleaguered automakers and fears of an escalation in the number of swine flu cases also captured the attention of battle-weary investors. However, the S&P 500 Index rallied to a gain of 9.4% for April – representing its best monthly advance since March 2000 – and US Treasury yields jumped to levels last seen in November as investors “looked past the valley”. Click through to the post for some of the top video selections of the past few days. […]






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