European stock markets are falling hard this morning anticipating a much lower US market opening and the dollar is now reaching 1.56 against the euro. Gold is up at US$990 per ounce. It definitely seems that the old time Fed solution of throwing money at the system doesn't work anymore. 
13 março 2008
doesn't work anymore
European stock markets are falling hard this morning anticipating a much lower US market opening and the dollar is now reaching 1.56 against the euro. Gold is up at US$990 per ounce. It definitely seems that the old time Fed solution of throwing money at the system doesn't work anymore.
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