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S&P 500
5,522.30
(
1.58%
)
US TECH 100
18,977.60
(
3.70%
)
Dow Jones
40,842.79
(
0.24%
)
Brent Oil
81.51
(
3.75%
)
Bitcoin
64,773.61
(
-2.11%
)
Post# of 87366
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Lucullus

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Lucullus

Re: Nachtfueur post# 81918

Monday, 10/06/2008 11:49:16 AM

Monday, October 06, 2008 11:49:16 AM

Post# of 87366
Not only the DOW, our german DAX in down 7% at the moment.

Privat money is taken out of the stock market all over the world. Confidence in the finance sector and stock market is destroyed.


I expect the downtrend to continue at least for the next year. Dax will fall below 3000 until the end 2009 imo. At I think governments are not able to avoid economic recession.

Hard times will come over the next years and I'm realy glad to have a very safe job in the german public service!!!


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