21Jan/080
Asia Markets Sink Amid Pessimism Over US
Posted on Jan 21st, 2008 @ 3:48 am by CY
The US recession fear had spread across the world. Today the Asian markets are taking a big hit, especially in Hong Kong and China, both declining more than 5%. I believe the US market will drop too because of the widespread pessimism in Bush’s stimulus plan to prevent a recession.
Tagged as: asia, bush, china, drop, fear, hong kong, markets, pessimism, rate cuts, recession, recovery, stimulus, us