BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Poll: Global Economic Confidence Dips on Greece's Debt Woes]]>http://www.bloggingstocks.com/2010/03/10/poll-global-economic-confidence-dips-on-greece-s-debt-woes/http://www.bloggingstocks.com/2010/03/10/poll-global-economic-confidence-dips-on-greece-s-debt-woes/http://www.bloggingstocks.com/2010/03/10/poll-global-economic-confidence-dips-on-greece-s-debt-woes/#commentsFiled under:

A new Bloomberg News survey indicated another modest setback on the global economic front as confidence in the world economy fell in March on concern that the lateral effects from Greece's budget crisis would hurt the recovery.

The Bloomberg Professional Global Confidence Index (BPGCI) fell to 53.8 in March from a record-high 54.9 in February, Bloomberg News reported Wednesday. However, the index remained above 50 for the eighth consecutive month. Readings above 50 mean there were more optimists than pessimists in the survey. The index was at 66.6 in January.

Continue reading Poll: Global Economic Confidence Dips on Greece's Debt Woes

Poll: Global Economic Confidence Dips on Greece's Debt Woes originally appeared on BloggingStocks on Wed, 10 Mar 2010 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Bloomberg Professional Global Confidence Indexeconomyeurogreeceinthenewsworld economyWed, 10 Mar 2010 18:00:00 EST<![CDATA[Poll: Global Economic Confidence Dips on Fiscal Concerns]]>http://www.bloggingstocks.com/2010/02/10/poll-global-economic-confidence-dips-on-fiscal-concerns/http://www.bloggingstocks.com/2010/02/10/poll-global-economic-confidence-dips-on-fiscal-concerns/http://www.bloggingstocks.com/2010/02/10/poll-global-economic-confidence-dips-on-fiscal-concerns/#commentsFiled under:

A modest setback on the global economic front as confidence in the world economy fell in February on concern worsening fiscal conditions in selected countries will hinder the global recovery, a new Bloomberg News survey indicated.

The Bloomberg Professional Global Confidence Index (BPGCI) fell to 54.9 in February from a record-high 66.6 in January, Bloomberg News reported Wednesday. However, the index remained above 50 for the seventh consecutive month. Readings above 50 mean there were more optimists than pessimists in the survey. The index was at 58.9 in December.

Continue reading Poll: Global Economic Confidence Dips on Fiscal Concerns

Poll: Global Economic Confidence Dips on Fiscal Concerns originally appeared on BloggingStocks on Wed, 10 Feb 2010 17:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bloombergBloomberg Professional Global Confidence IndexBloombergProfessionalGlobalConfidenceIndexgreeceWed, 10 Feb 2010 17:20:00 EST<![CDATA[World consumer confidence follows U.S. down]]>http://www.bloggingstocks.com/2009/07/15/world-consumer-confidence-follows-u-s-down/http://www.bloggingstocks.com/2009/07/15/world-consumer-confidence-follows-u-s-down/http://www.bloggingstocks.com/2009/07/15/world-consumer-confidence-follows-u-s-down/#commentsFiled under: , ,

I guess that when the United States sneezes, the world catches a cold. Consumer sentiment was announced to be circling the drain in the United States and the world economy dropped for the first time in four months.

The Bloomberg Professional Global Confidence Index fell to 39.13 this month - from 43.57 last month. Your benchmark: anything below 50 means that there are more pessimists than optimists. In the United States, index fell from 36.7 to 29.5, suggesting that we're more pessimistic than the rest of the world.

Continue reading World consumer confidence follows U.S. down

World consumer confidence follows U.S. down originally appeared on BloggingStocks on Wed, 15 Jul 2009 14:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>bloomberg professional global confidence indexBloombergProfessionalGlobalConfidenceIndexconsumer confidenceconsumer sentimentConsumerConfidenceConsumerSentimentimfinternational monetary fundInternationalMonetaryFundinthenewsworld bankWorldBankWed, 15 Jul 2009 14:30:00 EST<![CDATA[Confidence in global economy remains near record low]]>http://www.bloggingstocks.com/2008/11/12/confidence-in-global-economy-remains-near-record-low/http://www.bloggingstocks.com/2008/11/12/confidence-in-global-economy-remains-near-record-low/http://www.bloggingstocks.com/2008/11/12/confidence-in-global-economy-remains-near-record-low/#commentsFiled under: , ,

Confidence in the global economy remained near record lows in November, as business professionals anticipated a global economic recession, a new Bloomberg News survey released Wednesday indicated.

The Bloomberg Professional Global Confidence Index, which surveys 3,550 users, stood at 6.6 compared to 4 in October. A reading below 50 indicates negative sentiment. Meanwhile, the country-specific U.S. index rose to just 6.9 in November from 5 in October.

Economist Peter Dawson, who was not a part of the survey, told BloggingStocks Wednesday the November reading indicates that sentiment by business professionals is in-sync with macroeconomic fundamentals.

"This is the toughest stretch for business conditions in quite some time. Almost every indicator except some regional trade flows, and commodity prices, is trending in a bearish direction. In the U.S., business investment and consumer spending will continue to weigh on quarterly earnings and U.S. GDP," Dawson said. "On the consumer side, we're going to see a stretch of reduced consumer spending that probably will be worse than the 1981-82 Reagan Administration recession."

Continue reading Confidence in global economy remains near record low

Confidence in global economy remains near record low originally appeared on BloggingStocks on Wed, 12 Nov 2008 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Bloomberg Professional Global Confidence Indexemerging marketsEmergingMarketsgdpglobal economyinthenewsU.S. economyWed, 12 Nov 2008 10:00:00 EST<![CDATA[Confidence in global economy rises from 10-month low]]>http://www.bloggingstocks.com/2008/08/13/confidence-in-global-economy-rises-from-10-month-low/http://www.bloggingstocks.com/2008/08/13/confidence-in-global-economy-rises-from-10-month-low/http://www.bloggingstocks.com/2008/08/13/confidence-in-global-economy-rises-from-10-month-low/#commentsFiled under: , , ,

Confidence in the global economy rose in August as oil prices retreated, a new survey of business professionals indicated. The Bloomberg Professional Global Confidence Index climbed to 14.1 in August from 10.3 in July. The July reading was the lowest since the survey began in November 2007. Readings below 50 indicate negative sentiment.

Economist Glen Langan, who did not participate in the Bloomberg survey of about 3,000 Bloomberg Terminal users, said investors / traders "should not attach too much positive sentiment to results."

"First, the survey was at an all-time low in July. Second, we have seen a $30 drop in oil prices, so I would sense that there would be some relief expressed in surveys of financial professionals, executives, and the like," Langan said. "Economic conditions, particularly in the U.S., are sluggish to poor, and the survey generally reflects that."

Oil traded up 80 cents to $113.81 early Wednesday, but has dropped about $34 since hitting a record high of $147.27 on July 11, 2008.

Focus on U.K., E.U.

Langan said the focal point for economists is now the United Kingdom and the European Union. For example, in his projections, Langan has already discounted that the U.S. economy will remain sluggish through at least Q2 2009, but he still sees 1.5-1.9% GDP growth in the United Kingdom, and 2.0% GDP growth in the E.U. for 2009.

Continue reading Confidence in global economy rises from 10-month low

Confidence in global economy rises from 10-month low originally appeared on BloggingStocks on Wed, 13 Aug 2008 10:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Bloomberg Professional Global Confidence IndexEUeuro zoneEuropean UniongdpinthenewsU.S. economyUnited KingdomWed, 13 Aug 2008 10:30:00 EST