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No Place to Hide: Investors Around the World on Roller-Coaster Ride.

Authors :
MacDonald, Alistair
Areddy, James T.
Karmin, Craig
Lucchetti, Aaron
Inada, Miho
Range, Jackie
Bai Lin
Zhu, Ellen
Source :
Wall Street Journal - Eastern Edition. 1/23/2008, Vol. 251 Issue 18, pA22. 0p.
Publication Year :
2008

Abstract

The article reports that a deepening fear of a U.S. recession has sent jitters to investors worldwide. Rumors of the biggest sell-off since the September 11, 2001 tragedy reverberated throughout Asia, Europe and back to the U.S. in a matter of days, sending the stock market in a virtual roller coaster ride as investors and stock brokers react to the U.S. economy. The market downturn has particularly hurt China, dampening investors' confidence in the government. Meanwhile, Japanese investors place the blame on the U.S. for the global stock market panic.

Details

Language :
English
ISSN :
00999660
Volume :
251
Issue :
18
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
28750579