AARP - Finance
US stocks ratios have now dropped to 75% of GDP and According to investing guru Warren Buffett, U.S. stocks are a logical investment when their total market value equals 70% to 80% of Gross National Product. This combined with the economic stimulus plan currently under debate may be enough to start the stocks on an upward trend which would be AARP members who are relying on investments to fund their retirement.
Elsewhere Sterling has begun to make advances against other currencies thanks to better than expected performance of Barkclays bank who stocks rose 10%. There is a suggestion that even with recession biting deeply and a gloomy economic outlook sterling is past it worse.
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