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Equity markets up, down, where?
GDB2222
Posts: 26,943 Forumite
Well, we've seen the announcement from Sarkozy, and the accounting rules are being changed so the banks can be declared solvent - probably thereby creating a giant Ponzi scheme, but it's better than letting them go down.
There's also a guarantee on new bank debt, but the old debts are not guaranteed.
All this still to be ratified by the EEC, and nothing useful over the weekend from the USA.
Far East markets are due to open in around 3 hours, so what do you think they will do? Please vote and/or leave comments below.
There's also a guarantee on new bank debt, but the old debts are not guaranteed.
All this still to be ratified by the EEC, and nothing useful over the weekend from the USA.
Far East markets are due to open in around 3 hours, so what do you think they will do? Please vote and/or leave comments below.
No reliance should be placed on the above! Absolutely none, do you hear?
Markets about to open will be: 3 votes
Drastically higher (5% or more)
0%
0 votes
Bit higher
0%
0 votes
'bout the same
33%
1 vote
Bit lower
0%
0 votes
Drastically lower (5% or more)
66%
2 votes
0
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