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Recent Posts Tagged With 'recession'
World Markets Continue Free Fall
So the banks have been made more secure, but the world is still on the edge of recession and investors don’t like it! US figures are particularly worrying, with new data showing that US industrial production in September had seen it’s lar...
Gordon Brown Saves the World from Depression
European and Asian stock markets have surged in response to EU leaders saying that no big bank would be allowed to fail. The statement was made on Sunday, after Eurozone leaders met with UK Prime Minister Gordon Brown, where he explained the British ...
US Markets Rally - World Markets Tumble
The US markets made an incredible recovery today from what was beginning to look like a scene from a disaster movie. However, I believe that a large part of that recovery was due to short traders picking up cheap shares Meanwhile the rest of the w...
The Fed is Too Late with Interest Cut
…..Speaking of the impending US fuelled worldwide recession, today’s announcement by the fed that the interest rate would be cut from 4.25% to 3.5% is an act of obvious panic. Whilst UK and US markets calmed down a little today, I predict...
Global Stocks Continue Tumbling
Share prices are collapsing amid fear of major global recession caused by - greedy international Banks wanting to make a quick buck from the American sub - prime market! On Monday, London’s FTSE 100 index tumbled 5.5% to 5,578.2, wiping £...
