Treasury Prices Surge By Reuters Treasury prices leapt yesterday after unexpectedly weak job figures convinced market skeptics that official interest rates would not be rising for a long time to come.
Li's positive speech, without any cautions that the recovery might stimulate inflation, convinced market observers that the central government would not tighten its monetary policy or rein in its fiscal stimulus in the short run.
The implicit guarantee from Europe's biggest economy convinced bond markets there was no need to fear a sovereign default in the 16-nation euro area, although any bailout would probably come with draconian conditions.
The British are not convinced that markets will be soothed by a promise of slow, complicated treaty changes to toughen up the rules, that are so substantial that (I am told) the Irish government has warned Berlin that they would trigger the need for a referendum in Ireland.Two, Mr Cameron does not want a big treaty change right now.
If you're counting on recent market returns to continue indefinitely, or are convinced that market drops are temporary, think about this fact: The Japanese market is down 61% from the peak it hit in 1989.
He is now convinced free market solutions can't work, but is still privatising parts of the Royal Mail and the health service.
Christian Lindner, head of the FDP, held a press conference in which he paid tribute to Westerwelle's "love of life and his immeasurable optimism", adding that he had been a "convinced free-market economist, a defender of a tolerant and open society and a staunch European".
Even if you are convinced that marketing needs content management, it's not like you can just snap your fingers.
And regulators, asserting that they were policing the markets, convinced investors that there was a level playing field.
He then jumped to public markets, convinced shareholder-oriented REIT regulations would make the sector a winner.
