Thursday, June 26, 2008

Stocks tumble

The world can only take so much bad news and uncertainty before the lack of confidence starts to hamper the financial markets. With high oil, high food prices, rumors of wars, falling real estate prices, job losses and an outbreak of natural disasters...the market is feeling the pain as investors are deciding to sit on the sidelines in cash and wait for some of the storm clouds to pass. Headlines like this one; "WORST JUNE SINCE DEPRESSION" will certainly not help investor confidence. http://www.bloomberg.com/apps/news?pid=20601087&sid=aMiZ9Wer8Wco&refer=home

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home