With no end in site, the Market sees S & P fall below 1040 marking the skittish behavior among investors looking at a slow growth global economy. No doubt the looming prospect of default by Spain and other countries had a part to play underscoring the tenuous nature of the global financial insttitutions. Sectors that sustain losses today include industry, home,and energy mirroring the initial softness of the U.S. economy since 2009, and not boding well for U.S. employment numbers despite the recent spin by V.P. Biden.
Market Bell Rings Out Second Worst Quarter Since 2002
by admin on June 30, 2010 · 0 comments
in Commentary, Economy, Energy, Obama, Reformed Liberal, U.S. Debt, Wall Street
With no end in site, the Market sees S & P fall below 1040 marking the skittish behavior among investors looking at a slow growth global economy. No doubt the looming prospect of default by Spain and other countries had a part to play underscoring the tenuous nature of the global financial insttitutions. Sectors that sustain losses today include industry, home,and energy mirroring the initial softness of the U.S. economy since 2009, and not boding well for U.S. employment numbers despite the recent spin by V.P. Biden.
Tagged as: bear market continues, Biden, European Financial Crisis, Quarter ends on loss, S & P fall below 1040, slow economic recove