International Monetary Fund

Monterrey, N.L., Mexico.-the ghost of recession made nervous investors worldwide razing and destroying multimillion dollar values leaving faith of their passage through the auction floors stock indicators ranging from 7.5 to 3 per cent. To understand the magnitude of the shock, we analyze two bags, of Spain, so strong and so distant from Wall Street and that of Mexico, so near and so weak against the United States. It is estimated that the Mexican stock market has a value of $ 200 billion. There it is necessary to deduct the percentages of losses in the black Stock Conference to understand the amount of value that is destroyed, it evaporates, is volatizes, or as you want to call it. Instead, the Ibex is worth some 450 billion euros, more than 650 billion dollars, but with only 35 companies trading. The value is much higher than what they are worth the actions of 134 stations listed now in the bag of values of Mexico. The fall yesterday in the prices and Mexican stock index was 4.4 per cent, compared to the fall of nearly 7 points in Argentina.

Chile, Peru and Brazil followed the negative trend. The litmus test is tomorrow with the opening of Wall Street that so far the year has presented heavy losses by the Nasdaq index where technology companies that already accumulated balances of less 12 points. The trend forecasts that bags of the world will follow the path of loss and destruction of capital on Wall Street, the epicenter of the mortgage bonds scrap and central nerve of the free market economy affected by the looming recession in the United States. The International Monetary Fund has warned that the economic situation arising from the possible recession in the United States is serious and there is no optimism in additional messages. The destruction of value affects companies that lost to nervous investors that there are no where deposit your money so that you don’t lose cattle bagged during 2007. In the United States Treasury bonds and Cetes on Mexico may be good option: low yields, but safe. The fear of recession, as we have seen, put the hairs tip more various investors that manage investment funds international by billions of dollars. Bearer retirees who have their life savings in investment funds in the US, are at the razor’s edge. All the value accumulated in life can go down the toilet of some auction floor in the world. Original author and source of the article.

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