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Recession Fears Hit Home as World Markets Plummet and U.S. Economy Contracts

Oct 27th, 2008 | By Jennifer Yousfi | Category: Financial News

Fear of a global recession is quickly becoming reality as world markets have lost $10 trillion in value in the month of October and the U.S. economy almost certainly contracted in the third quarter.

Tags: Citigroup Inc, Dow Jones, Global Recession, Global Stock Indices, Great Depression, Interest Rate Cuts, Msci World Index, MXB, Nasdaq Composite Index, Recession Fears
Posted in Financial News | No Comments »

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