Monday, December 15, 2008

World stocks rocket on hopes of fresh policy action

The stock market is currently facing difficulties due to the current financial crisis. However, the global stock market has been rebounded sharply due to the fresh US goverment action to right the deepening recession in the massive job losses.

As the stock market around the world like Britain, France and EU have been facing declines of around 6%, and Japan, Hong Kong and Korea were also facing declines.

However, due to the new policies they ahve been facing increase in the stock market up to 8%.

Although they face faced recent increase in the stock market, the are hoping for more fresh policy become more stabilized.

1 comment:

Logan said...

Could this have something to do with the conspiracy that I have been hearing about? I have been hearing that the government is witholding and skewing numbers to make the recession look LESS severe. They think that if consumers don't crawl up into a ball and stop spending, that the recession's effects could be minimized. Clearly this seems to work, but it is right to try to trick the general public???