Monday, November 23, 2009

Quick Overview

  • Spurred by a tax credits that lured first-time buyers, U.S. existing home sales rose 10.1% in October, and 23.5% YoY

  • The National Association for Business Economists said that they expect U.S. GDP to be up 2.9% in 2010, up from their previous forecast of 2.6%.

  • Canada’s retail sales rose 1.0% MoM

  • There seems to have been a shift in attitude , from fearing a large South American soybean crop to needing one.

  • Coca-Cola, the world's largest soft-drink maker, is planning to more than double its number of bottling plants in China within a decade, the Financial Times said.

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