The FED’s not panicking, and neither should you.

This article by Candice Paine was published on 18 March 2008. 

Yesterday (Monday 17th) was a remarkable day for global stock markets. At one stage the All Share was down over 4% and Financials down over 6%. The market recovered somewhat towards the end of the day to close just over 2% down.

The sudden fall and partial recovery was driven by the near-collapse of Bear Stearns – the fifth largest US Investment Bank. Read on

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