Thursday, March 1, 2007

Fresh turmoil for world markets

Fresh turmoil for world markets

London shares are suffering further severe falls, with the Footsie over 100 points down after a calamitous open on Wall Street.

Posted by p. o. o. r @ 04:12 PM (463 views)
Please complete the required fields.



4 thoughts on “Fresh turmoil for world markets

  • “And more generally there are fears that equities worldwide may be overvalued.” – (EQUITIES
    Another word for a share. Or, in the context of housing, the part of your home that you own outright, as opposed to being under a mortgage).
    Is this so – well ‘we’ have been saying this for a long time – are the money poeple just starting to realise this. It’s about time… If only house prices would drop as quickly as shares have in the last few days – about 6% since Monday!

    Reply
    Please complete the required fields.



  • Shares can crash at the push of a button the housing market will take longer to head south, it could be another 12 months before things get really interesting in the housing market.

    Reply
    Please complete the required fields.



  • I don’t know why :), but I feel much better with shares than a mortgage right now !

    Reply
    Please complete the required fields.



  • dohousescrashinthewoods says:

    Hear hear, Tangara. Housing is slow to crash, slow to recover. As an asset class, equities are likely to cycle and rebalance their long-run average that equals property.
    Plus, when shares crash, you can nip in and get some bargains. Not so quick and easy with property – those glorious buy-to-lets are extremely large, leveraged punts.. and isn’t it leveraged investment that is looxing unsteady these days?

    Reply
    Please complete the required fields.



Add a comment

  • 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

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>