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Doesn't look like the week is starting out well for the Markets: Asia down 3.1%

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PetraPooh Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-14-08 04:01 AM
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Doesn't look like the week is starting out well for the Markets: Asia down 3.1%
Nikkei down 406.22 H.Seng down 856.59 FTSE 250 down 87.40

The last few times Monday has started out this bad, the Fed has come in and given banks a big boost through one action or another, and lo and behold the US Markets rose dramatically instead of following the the other markets. Any ideas what the Fed could/might do today to keep our markets from dropping 1-3%?? Just curious, I am one that wishes the Fed would just let the markets drop so we can begin a real recovery, plus I'm so irritated that everything seems to only be helping large corps and banks and no small entities.
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PetraPooh Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-14-08 04:29 AM
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1. Well the FTSE's are rebounding a bit, but I've yet to find an article explaining why.
The articles are still reflecting the reasons for the deeper drop of a few hours ago.
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