Money Matters

Highlights Economic focus United States • As the presidential campaign heats up, both candidates have released broad outlines of their fiscal plans, which would drastically reduce the federal debt during …

MOROCCO The Moroccan equity market rallied strongly in September, drawing strength from reports of oil and gas discoveries in the kingdom. The findings, which are expected to dramatically change the …

After months of warnings, Standard & Poor’s downgraded Lebanon’s sovereign credit rating saying that the government had failed to take measures to stem the ballooning public debt, expected y to …

I t seems Nasser Saidi means business after all. Back in May 1999, when the new insurance law was finally passed in parliament, many wondered if it would be enforced. …

Rallies at the Beirut Stock Exchange (BSE) are rare. There has been little interest In Lebanese stocks for the last two and a half years. Trading volume dropped from $640 …

Stock of Politics Investing in stocks is pure speculation. But for Solidere, the most active company on the Beirut Stock Exchange (BSE), taking up over 70% of the total market …

• The new all-time highs recently reached by the utilities and financial sector indexes are probably a positive major-trend sign, but they don’t rule out interim stock-market weakness. Sentiment and …

•We are patient bulls on the medium-to-long-term prospects for US equities. • For some time, we have applied comparatively optimistic multiples ranging from 25 to 28 to estimates of the …

• Productivity is the key to the outstanding performance of the US economy. As a result of the tremendous revival in productivity in recent years, inflation has remained dormant and …