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Written by David Rosenberg - Gluskin Sheff
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Friday, 21 January 2011 13:15 |
A mixed start to the day with European bourses up almost across the board on
debt rescue package optimism plus news that the German Ifo business
confidence index rose to a record level in January (those Germans must love
ponying up for bailouts) as well as French business confidence just hitting a new
three-year high. Asia is down for the most part on Chinese policy tightening
pessimism. U.K. retail sales, however, were very weak today (-0.8% in
December).
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