TITLE

Looking for the Bottom

AUTHOR(S)
Menegatti, Christian
PUB. DATE
November 2008
SOURCE
Time International (Atlantic Edition);11/24/2008, Vol. 172 Issue 21, p52
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article states that history and the economic indicators of the 2008 world financial crisis suggest that the U.S. economy has not reached its bottom. The author states that the volatility of the markets is only reflecting the greed and fear that investors are experiencing. The article uses the example of the way that news of the bailout plan caused markets to rise until investors realized the existence of a world recession. The author suggests that the U.S. economic recovery will be slow.
ACCESSION #
35347893

 

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