Europe is the problem here. US is not. Despite all the worrying by analysts and economists there of the possibility of another recession, I believe that even if there was some sort of slowdown, it would not be anywhere near as bad as the drop which was experienced after the Lehman Brother’s crisis. At that time, both the financial and property sector in the US took a ...
...Now that a little more time has passed, its possible that when this year is finally over and we look back, the first and second week of August would have been the scariest times markets had experienced this whole year. Of course, we still have a few more months, so it might be too soon to already make such a conclusion. But my opinion is that we should get through the rest of the year without the kind of crash we saw then.
