J P Flemming reports that there has been a continued decline in the US economy this week, affecting ...
J P Flemming reports that there has been a continued decline in the US economy this week, affecting other markets now reliant on its activity. Wall street indices continued to fall, Dow Jones fell to its lowest in eight months to 2.3% and NASDAQ declined by 4.3% its lowest since the terrorist attacks on the world trade centre in September. However the economy has showed some positive signs, there remains to be strong housing prices, the fast food chain McDonalds has been upgraded and software producer Oracle done better than expected. Much of the tame inflation data con...
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