Monday, October 06, 2008

FT.com / In depth - Markets routed in global sell-off

FT.com / In depth - Markets routed in global sell-off: "Stock prices collapsed around the world on Monday amid growing fears that the credit crisis would trigger a global recession. The wave of selling swept through markets despite a scramble by governments to tackle the crisis, leading to rampant speculation that co-ordinated emergency rate cuts by the Federal Reserve and other central banks might be in the offing."
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Slow news day.

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