handle withcare!

The effects of the US sub-prime mortgage crisis spread through Europe, damaging investor confidence. While this dislocation must be resolved for markets to have a positive 2008, it is too early to be calling it a bear market

It has been a turbulent few months for European investors as the US sub-prime mortgage debacle and related credit squeeze spread throughout the Anglo-Saxon economies. Financial stocks have plummeted and fears are mounting that the credit crisis will begin to affect the wider economy. Investor sentiment and confidence are understandably fragile at the moment as the market looks to gauge the extent of the fallout. Hopes for a relatively sanguine 2008 hinge on the resolution of the current financial dislocation impacting the developed markets. But it is just as important that the emerging ec...