Saturday, October 24, 2009

World stock markets face a sudden crash in October-November


Marla Guthrie

Oct. 22, 2009

The financial and fiscal crisis is deepening. The Galleon and Newcastle liquidation has triggered a massive financial volcano of exposing insider trading among hedge funds and private equity funds.

The dollar's drop against euro, the gold's solid rise, the unchecked commodity inflation manifest the failure of the borrowed stimulus funding. The stock markets across the world can all on a sudden, crash any time now!
Rising oil price is going to take the floor out from the stock market. Stocks in general cannot tolerate inflation. The commodity inflation is clear and very wild.
The way US dollar is dropping value says stock market crash can happen any time now.

Rajaratnam, whose arrest triggered $1.3 billion in redemption requests out of $3.7 billion in assets managed by his Galleon Group LLC, said yesterday that he will liquidate the firm’s hedge funds.
Source:-
http://www.indiadaily.com/editorial/21076.asp

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