Wednesday, October 15, 2008

International markets sinks on fear of Recession


Monday and Tuesday stock rallied could not be sustained on Wednesday, with all major indices had a free fall, with Japan Nikkei an exception. Even though both US and European govt. have prepared their multi billion dollar bailout plan, but fear of long term global recession are keeping Investors away from the market. Even after a long delay, Mr. Bernanke agreed that the bailout plan will not show its effect soon, the recovery will take some time, before liquidity flows soothens in this recessionary times, but till then the markets will remain volatile throughout the world.


Thanks&Regards,
Mohit
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