weekend business

In the weekend business, first, the host invites two economists to talk about some hot focuses in the markets and economy. Economist Jack starts by stating that the Dow-Jones Index has kept going higher since March 2009 and is closed to 10000. He puts forwards the idea that compared with last winter, the US economy has recovered a lot since many measures such as production, industrial output getting a lot of better. In the meanwhile, Economist Fraud reminds that since this recession evoked by finance crisis is much worse than 1980s, it is a long way to thoroughly overcome the finance crisis. One institution predicts a 5% GDP growing in the coming up quarter of next year. It is a distinct signal of economic recovery. Besides, talking of the gold, Jack insists that the price of gold will be come back down before long just as oil price last year which skip back from 245 to 33.

In the second section, the host broadcasts several headlines of this week. For instance, President Obama came to Wall Street to encourage investors and financial institutions. He said he would push for adoption of tough financial regulation this year and asked Wall Street executives to coordinate with this act. Another important headline is US and China trade dispute. US imposed a 35% tire tax on Chinese tire since US thought China had dumped tires in US. China meanwhile announced an entire dumping investigation into American chicken exports.

In the third part, host invites an expert to talking about the shareholder protests. She says there has been talking quite a while changing the rules regarding shareholders’ voting. Modal society requires shareholders involve exact professional management skills and know how to run a company.

In the fourth and fifth part, two professional persons talk about GM’s revive and Amazon's growth and prosperity respectively. I am most impressed by how Amazon getting large and how it is competing with those retail bookstores.

In the last section, the host broadcasts several pieces of concernful news in the coming week. For instance, the G-20 conference will be held on in Pittsburgh on Sep22, 23. The Federal Reserve Policy Committee will make another decision on the short term interest on Wednesday. They expect to keep the interest at zero and they also be issuing a statement on the financial situation and economy.