Archive for August 5th, 2007
Sunday, August 5th, 2007
Stock markets: white knuckles and shaky knees
As nervousness among investors mount in the wake of the gyrations of financial markets, the key question remains whether something more serious than a normal (and overdue) mid-cycle correction is starting to manifest itself.
On the fundamental front, the credit bubble would appear to have been irreparably punctured and, failing bail-out actions by the Fed, it […]
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