Fiscal Stimulus Not Being Received Well
Lance on Jan 21 2008 | Filed under: Developing Markets, Economic Indicators, Economics, Emerging Markets, Federal Reserve, Government policy, International Equities, Market Data, Politics, Risk, monetary policy, today's links
It seems world markets see the stimulus plan in the US as evidence for panic, not joy.
Stock markets around the world plummeted Monday, prompted by pessimism about U.S. President George W. Bush’s plans to boost the U.S. economy.
Share prices in Asia, Europe and the Americas all plunged by significant amounts; Wall Street only avoided joining [...]
