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"It is too soon to know the extent of the damage to Japan's infrastructure and the time needed for the economy to rebound. Without more information, it is also difficult to know which sectors may recover most quickly. In the coming weeks, two keys will be how quickly the reactor problem is resolved and how quickly Japan's broken supply chains are repaired. In particular, we are watching for auto, steel and semiconductor factories to resume production."
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WrapManager, through our relationship with Wells Fargo Advisors, will be hosting a webinar with renowned market professional Dr. Jeremy Siegel. The live webinar will be taking place on Tuesday, October 27, 2009, at 7:00pm (EDT). Dr. Siegel will be offering his views on the current condition of the markets and the economy. Hear Dr. Siegel’s thoughts on how the rest of the year will play out, and what to look for as the New Year approaches.
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Money Management Firm Wells Fargo Advisors states their case for why the U.S economy is transitioning from recession to recovery in their latest money manager commentary. Housing, manufacturing orders, and leading indicators are showing signs of strength. Combined with a little help from the Fed’s continued stance on monetary policy, the ingredients for growth ahead are present. Will an unexpected increase in third quarter growth be plausible?
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