Slower we go, further we get... by Barbora Misakova

Everyone who is working in a business sphere has to be observant and must think of second door which could in the future help to save his own ass when it is needed. Those, working with big money just must cover their backs. But when the crisis came, most of them have stayed with naked bottoms. Speculations and efforts to dig out of the troubles were occupying minds of many. And the fear that problems of others will keep me in those mine was reasonable. Fortunately, problems of euro-zone debt crisis seem to have no impact on the global economy, at least so far. U. S. stocks staged a comeback in late trading on Monday. Wal-Mart Inc and Target Corp rose ahead of earnings and a! lso the world’s largest retailer Wal-Mart seems to be on the right way to raise its profit. Wal-Mart shares rose 1.2 percent to $52.73 and Target has nothing to complaint about, as it gained 1.6 percent. European zone cannot be that happy. The euro slid to a four-year low at one point what “helped” indexes fall more than 1 percent a day before. Investors were fretted that cutting budgets of European nations will be disserviceable and will hinder economic growth. But the numbers of the Dow Jones industrial shows increase of 0.05 percent, the Standard & Poor’s 500 index added 1.26 points what represents increase of 0.11 percent. The Nasdaq Composite Index rose 0.31 percent. The growth is slower as the economic recovery is still fragile, but slower we go, further we get.

related story (sgx17327): http://news.yahoo.com/s/nm/us_markets_stocks;_ylt=AsofKCw4kz...

by Barbora Misakova for Cantell TV (http://cantell.tv)

Cantell TV is the fastest growing provider of digital broadcasting coupled with telecommunications, allowing people to easily control, view, upload and share digital content through proprietary interface coupled with free phone calls. Cantell TV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.