For those who recently wants to know about the reasons behind the recent Fianancial Turmoil with AIA, and other banks, please read this, go to link:
http://freakonomics.blogs.nytimes.com/2008/09/18/diamond-and-kashyap-on-the-recent-financial-upheavals/
Other Summarised News:
- Singapore projected to drop to 4% economic growth. Possible recession coming
- Naked Short Selling Banned. US injected $700B to aid financial market. Fed US Ben Bernake recommended […]
Though the current value of her portfolio has fallen about 20 per cent due to the correction in the market, there are investors who believe that in the long run/near future, the stocks will peak up. Research must be done before investing and favours stocks that can continue to deliver good dividends, have low price-earnings […]
Be prepared for the strong possibility of more selldowns in the weeks and months ahead. The US financial sector and therest of the economy could take a couple of years to clean up and consolidate.
Unemployment will go up, housing prices continue to drop, more mortgage loans will be foreclosed, domestic consumption may shrink and economic […]
1. Rising cost and reduced availability of credit
2. Damaged balance sheets in world’s largest investment banks (falling house prices reduce equity value-house value less mortgage) of homes, hurting ordinary consumption in richer courntires
3. De-leveraging /reducing debt levels in banks (selling off assets to pay off devts) in banks, companies and funds.
4. Bursting economy and commodity bubbles
5. Adjustment to higher energy […]
This week I would be focus on home, mortgage loans, and the impact on inflation and economy for my policyholders and reader. I lifted this original article to place so others may read its original text. The next article is a summary of what I learned on various analysts.
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THE Federal Reserve’s decision to cut interest […]
