Sunday, 26 May 2013

Economy News Headlines - Yahoo! News: Economic reality finally cracks market fervor

Economy News Headlines - Yahoo! News
Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more.
Economic reality finally cracks market fervor
May 27th 2013, 02:15

A labourer cleans the window of an office building near a residential complex under construction in ShenyangBy Andy Bruce LONDON (Reuters) - As evidence mounts that a mid-year slowdown is taking place in the world economy, the next few days will offer a clearer glimpse of how that will impinge on policymaking and buoyant financial markets. Global stocks stumbled last Thursday in one of the few times the grey economic reality cut through this year's reverie in financial markets. And that could mark the start of a trend, after Federal Reserve Chairman Ben Bernanke last week hinted the U.S. central bank could soon scale back its monthly bond purchases that have flooded stock markets with new cash. ...


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