The day after Christmas is known as one of the biggest shopping days of the year. But it’s a fair guess that people weren’t knocking down the doors at Sears or Kmart stores, writes Angela Moore.
Brazil’s equity benchmark is set to post its steepest yearly loss since the global financial crisis soured markets in 2008, and only slight gains are in sight for 2012, hinging in part on the continuation of interest-rate cuts in Latin America’s largest economy, analysts say.
Consumers showed the most confidence in December in eight months, largely because of an improving labor market, according to a closely followed survey.
MarketWatch
