date:Apr 29, 2014
my is plunging into recession and investors are concerned particularly with retail stocks -- who has money to buy more stuff? Ilya Kravets, the New York-based director of investment research at Daniloff Capital LLC, said by phone on April 25. There are so many factors that point to a difficult time for retailers. The central bank raises interest rates and makes credit more expensive. Thats just another blow.
Surprise Increase
Policy makers unexpectedly raised Russias one-week auction rate to 7