Monday, September 8, 2008

Not everyone thinks the end of the world is coming….

Risk appetite returns after US rescue

...and I'm not talking about the LHC: "World equities markets surged higher on Monday and the cost of protecting corporate debt from the risk of default tumbled in the wake of the US government’s decision to take control of mortgage guarantors Freddie Mac and Fannie Mae. The rescue removed the threat of the two twin giants of the US mortgage market defaulting and helped restore confidence in the global financial system." Time will tell.

Posted by jayk @ 05:43 PM (328 views)
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Your email address will not be published.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>