Tuesday, June 23, 2009

bear called his other bear friends for a drink


(Bloomberg)

june twenty three, twenty zero nine

after having breakfast, cnn told me about what was happening in the market abroad
it still ain't over.. this time it was because of the report given by the World Bank

Bloomberg: June 22 (Bloomberg) -- U.S. and European stocks tumbled, sending the Standard & Poor’s 500 Index down the most in two months, as the World Bank said the recession will be deeper than previously forecast. Treasuries rose, while oil fell below $67 a barrel and metals slumped. read report here

The Pinoy traders are probably going nuts as we speak.... wonder how PSE will close today.

the slump continues...

photograph from here

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