dow jones slip again

Dowjones slip again on monday 5% on fear of shrink in us economy and downgrade by fund houses really a concern of worry for not only usa but also for world economy due to globally worry about fiscal deficit and inflation.
i already concern about us economy and expected line for a double dip reccesion for usa in my older post and seem it happening in now.
lot of economist viewing sharply crude and commodity downtrend is positive for country like india,china and devloping country but if commodity and crude go more down 20-30 % from here its not benifical but it more fear for deloping country due to a globally recession in all over the world.

No comments:

Post a Comment