One thing is for sure...
by the time, experts are calling a recession it is at least 6 months too late.
You have to pick the signs before then..
Blind freddie can see what is happening.
Housing prices are falling and we all know the affect that will have on consumer demand.
A lot of people don't understand the knock on affect of people defaulting on loans and the tightening up of credit though. However this will undoubtedly have a big impact on business's ability to raise capital and grow their businesses.
Big Ben hinting that he will raise interest rates won't fix this problem any time soon.
This is a structural problem in the financial system and it will be around for a long time.
It goes all the way from to home loans to cfds.
A lot of people far more knowledgable than me see this as the precursor to a recession.
There will be a lot of ups and down on the charts but these fundamentals will underpin a general downward trend.
why the market will crash in oct nov 2007, page-34
-
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XAO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,491.5 |
Change
-7.200(0.08%) |
Mkt cap ! n/a |
Open | High | Low |
8,498.7 | 8,505.0 | 8,478.3 |
Featured News
XAO (ASX) Chart |