World Week Ahead A yen for Obama

Sun, 10 Feb 2013

By Margreet Dietz Feb. 11 (BusinessDesk) – Investors will closely eye President Barack Obama's State of the Union address on Tuesday for his take on the economic recovery and the status of negotiations towards lifting the US debt ceiling as he details plans for his second term in office. Last week's market action showed just how easily investor confidence can be shaken—and reclaimed—at the moment. "I think we're in the middle of a trading range and I'd put plus or minus 5 percent around it," Fred Dickson, chief market strategist at DA Dav...

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