Thursday, July 3, 2008

When does a ‘correction’ become a crash?

City crisis as FTSE 100 plunges 2.5%

The FTSE slumped by 2.5 per cent yesterday as further falls in the housing market scared investors away and deepened City gloom. Seema Shah at Capital Economics said: 'The correction in house prices is lik­ely to step up a gear in the coming months.'

Posted by rental john @ 11:01 AM (327 views)
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