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#1 (permalink) |
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Business Guru
Join Date: Dec 2003
Location: Near Inverness, Highlands, Scotland
Posts: 7,883
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European stocks are taking a tumble:
http://news.bbc.co.uk/1/hi/business/6733379.stm Not least due to Morgan Stanley issuing a big warning at the start of the week: http://www.investmentmarkets.co.uk/20070607-444.html Are we seriously going to a 1000 points wiped out from the FTSE 100 though?
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#2 (permalink) |
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Member
Join Date: Mar 2007
Posts: 53
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I think it will get worse before it gets better. With the major adjustments in the wings, fueled by global warming and the renewal of the nuclear arms race via Iran, big investors will be skittish for years to come.
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#3 (permalink) |
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Business Guru
Join Date: Dec 2003
Location: Near Inverness, Highlands, Scotland
Posts: 7,883
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What's interesting is seeing similar warnings on the UK property market in conjunction with stock warnings:
http://www.homemove.co.uk/news/12-06...-abn-amro.html
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