Friday, September 4, 2009

DoubleDip

G20, equities and a ‘double dip’

At best the stock market could be facing years of range bound trading. At worst another lost decade. It is sobering to think that the FTSE 100 was trading at 6,332 10 years ago – 23 per cent above last night’s close. For example, lower government spending would hit construction, bus and rail and drug and healthcare companies.

Posted by apophis @ 10:12 PM (459 views)
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