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Reply to: Boomed - Credit Crisis has ended

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Previously on "Boomed - Credit Crisis has ended"

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  • Xenophon
    replied
    It is time to borrow and spend and enjoy life.

    Trust me.

    Leave a comment:

  • DimPrawn
    started a topic Boomed - Credit Crisis has ended

    Boomed - Credit Crisis has ended

    http://news.bbc.co.uk/1/hi/business/7325786.stm

    Asian stocks soared in Wednesday trading as investors hoped that the worst of the credit crisis may be over.

    Strong demand for a Lehman Brothers share offering, despite fears it could face similar problems to troubled rival Bear Stearns, boosted confidence.

    Hong Kong's Hang Seng index jumped 4.4%, while Japan's benchmark Nikkei 225 index was up 3.7%.

    Asian bourses were tracking Wall Street's gains after the benchmark Dow Jones index hit a one-month high.

    "Investors believe the credit crisis in the U.S. is over," said Francis Lun, a general manager at Fulbright Securities in Hong Kong.

    "They think the worst has gone."


    Hooray!

    What was all the fuss about? Time to borrow, borrow, borrow and Buy To Let it all away.
    Tags: None

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