Thursday, December 13, 2007

Does the UK economy need a Doctor

Bolton expects bank 'cancer' to attack stockmarkets

Fidelity International's Anthony Bolton has drawn on more than 30 years’ investment experience to warn investors that contagion in the banking sector will seep into most stockmarkets. Bolton’s primary concern is whether the ‘real world’ will be affected by the turmoil in financial markets.He fears that the combination of tightening credit, increasing pressure on consumer expenditure and falling property prices will have an impact on the economy.

Posted by jack c @ 07:37 PM (538 views)
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