Ok, the markets has rebounded. Our marker has staged a strong rebound on bargain hunting according to Bernama market wrap and according to the report from CNN the Bulls stage comeback.
So how Brown Cow?
Has the market hit the bottom?
Here is FSO's market commentator asking probably the question that is on everyone's mind right now, Markets Hit Bottom: But Will It Last?.
And if you are on cautious side and you want to read more about the risks involved in the current market, do read the following articles, The big bet that could melt Wall St. , Subprime woes: How far, how wide? , The risk in subprime.
Oh, and do pay attention to this twin terror, Fannie, Freddie threaten economy .
Why Fannie and why Fredie?
Simple.
US$1.4 trillion.
As mentioned in the article, "Fed officials have often argued the combined $1.4 trillion investment portfolios held by the two companies are so large and unwieldy they present a systemic risk to the broader economy and should be curtailed."
No comments:
Post a Comment