Professor Mark J. Perry's Blog for Economics and Finance
There's still a few hours of trading left, but UK's benchmark stock market index, the FTSE 100 Index, is at a fresh 10-month high today of about 4875, the highest level since early October 2008 (see chart above). 
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
2 Comments:
Could this be that, 'dead cat bounce' that Nouriel Roubini keeps talking about or is it something more substantial?
this recovery can go sour if in 30+ days UK report GDP and if it's still negative FTSE100 will nose dive... so keep an eye on it.
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