TWSInvestments's Commentaries
Mar
15
2010
Google Pulling Out of China
by TWSInvestments
Overall Rating:
US futures are basically flat after global markets were down marginally to flat.
Google says its 99.9% sure it'll pull out of China. GOOG is down almost 2% on the news while BIDU continues its meteoric run up another 25 points this morning. If this morning's gap up holds, BIDU will be up 40% year-to-date.
58% of Americans say that the debt the U.S. owes to China is a bigger threat to the long-term security of the U.S. than is terrorism. 27% consider terrorism the larger threat. Zogby -Interesting.
Tags: goog | market-analysis | bidu
