World Week Ahead Traction hard to find

Sun, 12 Aug 2012

By Margreet Dietz Aug. 13 (BusinessDesk) - Global equities continue to edge higher on hopes that central bankers will bail everyone out, though there isn't a lot of conviction in that premise amid continuing signs that growth remains stalled -- at best. Expectations that central banks in some of the world's largest economies will move to accelerate the rate of economic expansion has outweighed concern about the risk of disintegration of the euro zone and slowing growth of corporate profits. That optimism helped the Standard & Poor's 500 In...

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