TITLE

Obama's Economic Stimulus Plan Gives Dollar Strong Start To 2009 On Hopes US Will Recover First

AUTHOR(S)
Platt, Gordon
PUB. DATE
February 2009
SOURCE
Global Finance;Feb2009, Vol. 23 Issue 2, p54
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents the economic forecasts for the year 2009. It states that the U.S. economy may spark a quicker economic rebound with the help of stimulus plans, coupled with declining credit-market stress and the sharp drop in energy prices. It predicts that China and other emerging markets' resurgent demand can boost demand for commodities. It notes that gold's significant gains against all major currencies in 2008 further points to the recovery.
ACCESSION #
37372315

 

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