Stock Markets Exposed
Stock markets go into freefall?
What do you think? HONG KONG, China (CNN) -- Share markets across Europe and Asia plunged for a second day Tuesday as global markets reacted to fears that a U.S. economic slowdown will lead to a global recession. Check: http://edition.cnn.com/2008/BUSINESS/01/22/markets.plunge.asia/index.html#cnnSTCText
Public Comments
- Stock market just relies on rumors and speculation.
- Hey, I just watched CNN and experts just said that it aint any recession. Its just a low (real deep) and its going to be fine. more over, there was a martin luther king's day, so nothing really happened yesterday. hold on and things will be fine.
- Contrarian Theory!! INVEST NOW!
- You mean global stagflation. Not only will job losses occur, but at least in the U.S. inflation is at a 17-year high. There are other countries such as Australia which are also battling inflation. In a resession, inflation usually drops as companies sell off theri overhead at discounted prices. Here prices are going up which is the half that makes this stagflation.
- i believe it only temporary
