- Joined
- Aug 7, 2008
- Messages
- 1,125
- Points
- 38
STI looks set to go below 1,700 today after the sharp sell-off in Dow
Also Marina Bay Sands comatose and bour banks sure kena whacked because they lead the $5 billion loan.
Better sell whatever you can now and realise hard cash. This recession looks super bad
On Wall Street, markets were sharply lower for a second day. The Dow was down 4.9%, S&P 500 was 5% lower and the Nasdaq was 4.3% off.
European markets also plunged even with the Bank of England's shock 1.5 percentage point slashing of its key interest rate to just 3% - its lowest level since 1955 - and a 50 basis-point cut by the European Central Bank to 3.25%
London's FTSE 100 share index lost 5.7%, Germany's DAX 6.8% and France's CAC 40 lost 6.4% overnight.
Also Marina Bay Sands comatose and bour banks sure kena whacked because they lead the $5 billion loan.
Better sell whatever you can now and realise hard cash. This recession looks super bad
On Wall Street, markets were sharply lower for a second day. The Dow was down 4.9%, S&P 500 was 5% lower and the Nasdaq was 4.3% off.
European markets also plunged even with the Bank of England's shock 1.5 percentage point slashing of its key interest rate to just 3% - its lowest level since 1955 - and a 50 basis-point cut by the European Central Bank to 3.25%
London's FTSE 100 share index lost 5.7%, Germany's DAX 6.8% and France's CAC 40 lost 6.4% overnight.
, but do not worry, nobody will be left behind, all will be taken care of!. When things go bad it will be blamed on world events beyond control, but when things were 'golden', it will be mentioned that it is due to a stellar Diviion 1 team that we PROSPER!.
we will pull through this one, and be stronger!! ha ha ha
