Quick StartMost PopularNew StuffPeopleTagsAbout Us

Stock Markets slide - belt-up for the ride

Rate this:
By graeme (Contact - View My Woyano)
Published Wed 28 Feb 2007, 353 Views, 7 Comments

After a long period of sustained growth in major equity markets around the world, the financial community appears, at least temporarily, to have rediscovered the concept of risk.

With Greenspan talking of potential recession in the U.S., the 'Iranian nuclear problem' becoming more vivid and the Chinese economy rapidly increasing its ability to impact global markets, its hard to know if this is a momentary blip or the start of a more profound downturn.

I'm not a betting man or an expert, but I think it's probably a blip, or at least only temporary. Having said that, there are now a whole lot of people who can barely remember the last time the global economy came off the rails, so there's always a danger of rattled nerves creating a domino effect.

FYI - the FT now generate some very useful expert video clips on this type of thing if your interested http://video.ft.com/ukdailyvideo/?clipid=1359_FT0144

 



This Item
Category: News, General
Tags: Greenspan, Chinese economy, equity markets
Share it
Link to this item:
Bookmark this item: RSS Feed

People who liked this item

    7 Comments

  1.  
    Loves Bloc Party ~ 16 months ago
    0 votes thumbs up thumbs down
    Many seem to think it is only temporary. I don't have the same positive outlook when it comes to the USA's economy.....being that we are so tied to the Chinese economy etc.
    [ reply ]
    1.  
      graeme ~ 16 months ago
      0 votes thumbs up thumbs down
      I can understand those concerns as there are clearly some fundamental challenges with the U.S. economy, particularly in relation to the dollar and the deficit.
      [ reply ]
      1.  
        Loves Bloc Party ~ 16 months ago
        0 votes thumbs up thumbs down
        The dollar is shit against the Euro and the Pound, go fucking figure.
        [ reply ]
        1.  
          JV ~ 16 months ago
          0 votes thumbs up thumbs down
          It's nice if you're English, and having a holiday in the us! But I can imagine it's v-annoying the other way round. :o
          [ reply ]
        2.  
          pauen ~ 16 months ago
          1 vote thumbs up thumbs down
          Each day, the media comes up with reasons for price movement. On Tuesday, I heard talking heads scrambling to blame a combination of: the former Fed chairman’s comments on the economy, falling Chinese stocks, global tension, and everything in between. I got a kick out of that, because, in my opinion, they might as well report that Mr. Greenspan ate some bad Chinese food. Stocks dropped Tuesday, because the sellers were stronger. The bears got fed.

          If your going to play on the Street: Be a bear when the bears are feeding and be a bull when the bulls are feeding.
          [ reply ]
          1.  
            graeme ~ 16 months ago
            0 votes thumbs up thumbs down
            Sounds like a smart pragmatic approach. The trouble is it often isn't really clear who's at the trough, the bears or the bulls!
            [ reply ]
            1.  
              tradertom.net ~ 13 months ago
              0 votes thumbs up thumbs down
              It does not matter to me...... ;0)

              [ reply ]
              1.  
                AdGuy
                22 votes thumbs up thumbs down
                This is my two cents...

                   
                Hey you know AdGuy always gets the last word! ;)

              Please Login to Add Your Comment   ..or..  

              Replying to comment by