Worries, worries and worries. This has been the slogan in the economic world since the Great Repression started in 2008. Equity markets worldwide took a downward dive since last few days. There is devaluation of Australian dollar and rupee to dollar rate is also at their 13 months lowest. Analysts are saying that the […]
As per the recent reports on US stocks, it has crashed more than 2% for the second session, as Dow Jones Industrial Average dropped much more than 500 points. The sudden downfall in the US stocks has raised fears of economic slowdown globally. Most markets from US to China have entered within the correction territory […]
The New York City news has recently estimated that the bonuses of Wall Street fell by 25 percent in the year 2011. The industry had expected a greater reduction in the bonuses, but the bonus reduction blow of Wall Street was a less severe one.
With the economic uncertainty seemed to loom longer on the global scale, many investors in America are moving away from the stock market. A report produced by the mutual fund industry have displayed that small investors have withdrawn a huge $33.12 billion from the mutual funds which are involved with the stock markets over the […]