Tuesday, April 28, 2009

Dow hovers around 8,000 points

The Dow seems to be remain rather steady at 8,000 points amidst fears of a swine flu worsening and the rumours of selected US Banks' need for further recapitalisation.

However there is some indication that investors are getting rather nervous pending the final results of the US Banks' stress test and on fears that the swine flu will become a full-blown world-side pandemic.

What's next? I don't think the world can handle a medical emergency. The Great Recession may just become the Great Depression.

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