Market seems still to be in denial as there is still discussion going on, whether we are in a BEAR MARKET At least no discussion about that in Germany or France … both indices lost 20+ % in H1 … Here some of the DIAMONDS of the american market … with one question … If [...]
Nice downrally today as many investors abondaned equity positions ahead of H1 end. 2 pieces made all run for cover … 1. Goldman Sachs recommends to SHORT Citibank and Merill because of MORE WRITE OFFS … 2. Rating agency Fitch sees a possible cash crunch in 2009 for GM and Chrysler … even rumours of [...]
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