Global shares tumble on US fears, page 1

Global shares tumble on US fears

news.bbc.co.uk

Many of the world's main stock indexes, including the UK FTSE 100, have posted their biggest falls since the terrorist attacks of 11 September, 2001.

The FTSE 100 index tumbled 5.5% to 5,578.2, wiping £84bn ($163bn) off the value of its listed shares.

(visit the link for the full news article)

So, is this it, is this the tip of the slippery slope that we have been looking at for a while now?

Is it gonna hit and if so, how hard?

Better buy yourselves a wheelbarrow just in case, eh...

"The banks have been reassuring the market over their exposure to US mortgage-related investments, but now we realise there is nothing reassuring about it,"

Nice I'm sure...



news.bbc.co.uk
(visit the link for the full news article)

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Closed.
.

edit: wrong link

[edit on 1/21/2008 by Gools]

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