Credit Crisis Could Affect Markets for Decade
CNBC has a story about how credit crisis affect markets for decade : Credit Crisis Could Affect Markets for Decade The credit crisis will affect financial markets for at least a decade and lead to greater regulatory powers for central banks, analysts at JP Morgan said. “Market participants and regulators will focus intensely on controlling [...]
IMF Issues Gloomy Assessment of Markets
News Press: IMF Issues Gloomy Assessment of Markets The International Monetary Fund on Tuesday said the global credit crisis, despite some recent improvement, remains a significant threat to economic growth. Despite “unprecedented intervention” by central banks such as the Federal Reserve, “financial markets remain under considerable strain, now compounded” by a slowing economy, low levels [...]