Global stocks turmoil

September 28, 2008  //  Posted by: Blog Master  //  Category: Business

The impact of a banking crisis in the US market on the global economy and financial status of the world is high.

When the investment bank Lehman brothers faced a bankruptcy, it was the whole of world that were supposed to suffer the after effects. The global stock market falls and investors are not confident enough to make investments. The result is that the market falls and the price goes up. The values of stocks come down.

All other sectors dependant on the US banking sector suffered great losses due to the fall of Lehman Brothers. The employment and other areas faced great challenges in the global level.

Leave a Reply