Browse > Home /

| Subcribe via RSS

Global Financial Crisis 2008: A Quick Review

October 24th, 2008 | 1 Comment | Posted in Current Issues, Opinions

For the past one month, we lived in a period of great financial turmoil in recent history. Unfortunately, the torrent of bad news is not expected to end yet.

With the dust from the subprime mortgage crisis still unsettled, not all is known about the severity of the current financial fallout. With banks announcing further (and even further) write offs, and global liquidity on freeze, the end to the crisis is definitely not in sight.

More »

Tags: , , ,

Where is the world economy heading?

July 16th, 2008 | No Comments | Posted in Current Issues, Insights, Opinions

Failure of IndyMac Bank, the following collateral damage to Freddie Mac (Federal Home Loan Mortgage Corporation) and Fannie Mae (Federal National Mortgage Association), the weakening US dollar, Wall Street’s straight fall, global stocks continues south, weakening sentiments and confidence of investors and consumers around the world.

I guess that kind of sums up the major economy climate across the world for the past week. I have not seen such huge economic corrections of such magnitude that has brought the whole world into a cloud of poor sentiments and uncertainty. I’d say that the current economy crisis is unprecedented in recent years.

More »

Tags: , , , , , ,

Inflation, Oil Prices, Credit Crunch and the Slumping Stock Market

June 19th, 2008 | 1 Comment | Posted in Reviews

With the amount of adverse business, finance and economics news that have been surfacing recently, one can’t help but wonder where the global economy is heading.

This is yet another piece of adverse news, worthy of attention which will probably make you start worrying a little if you haven’t got started already.(Especially if you’re an investor)

More »

Tags: , ,