Sunday, Mar 08, 2009
More doom and gloom...
Credit writedowns.com: Morgan Stanley sees U.K. downturn worse than Great Depression
Graham Secker, a well-known equity analyst at Morgan Stanley who covers U.K. equities has warned that profits for U.K companies could drop by 60%, peak to trough. This would put make this downturn even worse than the 1930s.
Read more: "Morgan Stanley sees U.K. downturn worse than Great Depression - Credit Writedowns" - http://www.creditwritedowns.com/2009/03/morgan-stanley-sees-uk-downturn-worse-than-great-depression-2.html#ixzz09BzOERR7
Posted by roy @ 07:33 PM (112 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.