Share this Post on Twitter

Monday, March 23, 2009

Pre-Market Equity Boom

With the latest Private Public Partnership to be announced this morning at 8:45 AM, equity markets like what they hear. The Big Picture details:

Good Monday Morning. Looks like we have green on the screen this morning, with markets recovering from Friday’s sell off in the early going.

Asian markets were up huge: The Nikkei 225 had gains of 3.39%, the Hang Seng Index up 4.78%, and the S&P/ASX 200 Index tacking on 2.44%.

Nothing like the prospect a trillion giveaway to get the animal spirits moving . . .