Stocks are a share of the ownership of a company. If the company does well, or even if everyone thinks the company is going to do well, the price of the stock goes up. In addition, many companies give a little dividend payment each year to the stockholders, which provides extra value.
Showing posts with label World economy to recover in 2010: Fitch. Show all posts
Showing posts with label World economy to recover in 2010: Fitch. Show all posts

World economy to recover in 2010: Fitch

The global economy will decline sharply this year and recover in 2010, credit ratings agency Fitch forecast on Tuesday, in a further sign of international economic malaise. Fitch said in its Global Economic Outlook that world-wide gross domestic product (GDP), which grew by 1.7 percent last year, would decline by 2.7 percent in 2009 and then recover to show growth of 1.4 percent in 2010.

Wednesday, April 8, 2009

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