Monday, Jun 05, 2006

Markets Jittery over Base Rates

ABN Amro: Fundamentals intact after speculators exit

Markets are scared that if interest rates rise too strongly, the US housing market will collapse and global growth will disintegrate. As a result, risk aversion has increased, prompting a mass exit. While we believe global growth will slow, a meltdown is highly unlikely. (article from 31 May)

Posted by sirgoogle @ 02:49 PM (526 views)
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1. jason said...

There's an error with the URL, it has http twice. Correct link:

Monday, June 5, 2006 02:57PM Report Comment

2. sirgoogle said...

Sorry about that - the system added an additional http. This was my first time uploading an article...

Monday, June 5, 2006 03:59PM Report Comment

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