Las Vegas Realtor Steve Harless - RE/MAX EXTREME 702.217.1680: Good Sign: Asian Stocks Climb as Financial Bailout Package Approval Nears

Good Sign: Asian Stocks Climb as Financial Bailout Package Approval Nears

Asian stocks climbed for the first time in a week as U.S. lawmakers agreed on a financial bailout to revive moribund credit markets. Shipping companies slumped on concern the rescue package won't arrest slowing global growth.

Macquarie Group Ltd., Australia's largest investment bank, advanced 2.9 percent on confidence a relief package will be passed later today. Investors moved into shares insulated from weakening economies with Seven & I Holdings Co., operator of Japan's largest convenience store chain, climbing 5 percent.

You have all heard about the The story of the little boy who averted a flood disaster by sticking his finger in the dyke

My guess now is there are thousands of bullet holes now in the financial dams across the nation and we as Americans may be asked to help plug these holes up now. Let's all wish the best for this plan.

Comments

I hope that I am wrong, but I just don't think this is the way to do it.

Posted by Fred Chamberlin - Eugene/Springfield's #1 Experienced FHA Mortgage Consultant (Alpine Mortgage Planning - Eugene/Springfield OR) about 1 year ago

another flawed, rushed bill that was signed and enacted was the patriot act.

quick bills = trouble down the road

Posted by Steve Harless "Your Las Vegas Real Estate Connection" (RE/MAX EXTREME - 702.217.1680) about 1 year ago

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