October 3, 2008
by Adrian Khiat
By: Adrian Khiat Blood on the street / Maximum Pessimism??? There was blood everywhere round the world. The Financial markets are flushed with a sea of red. There is so much fear and uncertainty that the market becomes psychologically driven. There was also a lot of frustration and unhappiness on all the mis-sellings of certain [...]
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October 1, 2008
by 8percentpa
By: Jay The short answer is no, but… 1. In terms of magnitude, yes it’s pretty scaring, some markets are close to 70% from the previous peak, China is down 50%, India is down 40%. But the US, where everything started, is down only 28%, and Footsie down 27%. Developed Asia-wise, STI is also quite [...]
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