Jan 11, 2012

Marketplace Index for Wednesday, January 11, 2012

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The markets fell before the open and struggled most of the day on word the mighty German economy contracted in the last three months of 2011. Doug Cote, the chief market strategist at ING Investment Management, offered some reassurance. While you can't ignore Europe, Cote says today's headlines were merely background noise. His attention is on China, where signs are pointing to the end of a housing bubble. And the Daily Pulse is down today on the “unhealthy correlation” between building skyscrapers and financial disasters. Seems they go hand in hand.

Segments From this episode

Germany contracts, China looms

Jan 11, 2012
News today that the German economy contracted sent markets down sharply. But was it all just noise?

Skyscrapers: Why bigger isn’t always better

Jan 11, 2012
A report out links building skyscrapers with economic crashes. China, please take note.

The markets fell before the open and struggled most of the day on word the mighty German economy contracted in the last three months of 2011. Doug Cote, the chief market strategist at ING Investment Management, offered some reassurance. While you can’t ignore Europe, Cote says today’s headlines were merely background noise. His attention is on China, where signs are pointing to the end of a housing bubble. And the Daily Pulse is down today on the “unhealthy correlation” between building skyscrapers and financial disasters. Seems they go hand in hand.