Gloom dominates world stock markets – markets can lose another 15% before the year end and another 30% next year
Sam Adelton
Nov. 11, 2007

Dow Jones Industrial Average is racing downward with the target in mind – 11,000 before the year-end. The world stock market saw one of the worst performances since the beginning of the year.

The S&P500 went down 3 per cent for the week. In London, the FTSE 100 fell 3.7 per cent on the week, while the FTSE Eurofirst 300 was down 3.1 per cent. Nasdaq 100 experienced its worst week since April 2002, losing 6.8 per cent. The tech sector is collapsing as recession take hold of the US economy.

Rising oil prices, falling home price and massive mortgage default and foreclosure is driving the finanncial meltdown. The markets are in chill right now. In the next several weeks as more international financial insitutions announce their writedowns and plummeting reserves, the marjkets can go rapidly down mimicking a mini crash 1987 style.

Gloom dominates world stock markets – markets can lose another 15% before the year end and another 30% next year
Sam Adelton
The markets are in chill right now. In the next several weeks as more international financial insitutions announce their writedowns and plummeting reserves, the marjkets can go rapidly down mimicking a mini crash 1987 style.
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Home Resales Pending data will point to continuing slide in home values – a massive component of the financial meltdown as mortgage restrictions go into effect
Peter Oberois
The real estate market is suffering its worst nightmare. The sales are down. The prices have finally started eroding at a very rapid pace. The market is facing negative sentiment and mortgage restriction rules.
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Rising fuel prices and falling property values creating steep slide in retail sales – the recession has started
Neal Anderson
The economy is now shrinking as the retail sales plummet with exponentially rising fuel prices and a free fall in home prices. Add to that the sliding stock market, you are looking at a bleak holiday
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As stock market enters a massive bear cycle, Dow plummets, what can you do to save your retirement funds?
Nancy Sensua
Lower your participation in the stock market. The budget deficit will explode as the recession brings in less tax revenues. The bond market can go into a panic mode if oil hits $250 a barrel between now and 2012.
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Mortgage refinance – when should you make the next move?
Kirsten McLauren
A golden opportunity is developing for those whose total mortgage amount is between $417,000 and one million. The Federal Reserve has requested the Congress to allow HUD loans to cover the jumbos in that zone.
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How far can US Dollar fall? What’s the impact on US and world economy?
Tania Sailor
. In 2009-2010, after US economy hits the depression level slowdown, outsourcing and imports will be curbed. The US trade deficit will plummet for the first time after many decades.
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Visa IPO may be the first casualty of US rescission in 2008 – another signature of long term trouble
Bernie Snyder
Long term bear markets and economic collapse are always preceded by bullish expectations of the corporation after a massive bull run.
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