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What effect has the fall of the Lehman Brothers had on the FTSE CAC and DAX European stock markets?
Nirel
The market will not react as people might have assumed. The market has already discounted for similar downfalls. This is the last quarter of this year in which market can expect the unhidden losses to surface out.
Propety market will further go down, as free credit will not be available to market. People will not take their cash out in the market and will pull the demand to the lower side. Cutting jobs and less growth in job market will pull every sector to its bottom.
I forsee the invesment will increase in gold and silver market.
The industries related to non conventional energy resources will get unpreceedented support.
Author: Hydro & turbo generator design Engineer.
Mukesh Agrawal +91-9893014892
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∙ 12y ago
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