If you are not sure whether or not we are in a bull market, it is indicative that we are in a bear market rally, "said Mark Konyne this week, head of investments at RCM Asset Management told the Wall Street Journal. If someone had asked that question on the roof of the rally in early June, market participants have said 'is a bull market' (a rising market), both from the standpoint of economic and technical as news had started to be more encouraging since March, after enduring a deep and fierce low in 2008 that engulfed half the value of the indexes in the Bolsa de Valores de USA. And the bad news began to be more optimistic in that period, as is usually

Sberbank will not drastically change its dividend policy, said Friday the head of the supervisory board of Russia's largest bank, (more...)