It was certainly the biggest depression since the crisis in the early 30’s, but now we see a growing gap between the evolution of the stock exchange and the economic activity. The investors are too enthousiastic about the economic growth and when they will notice their mistake, professor Roubini expects a correction (a new decrease) of the stock exchange. Last week the stock exchange fell by 2% because the American production didn’t increase fast enough. Investors are uncertain about a new growth and Michael Georghegan, magnate of the giant bank HSBC, is even more pessimistic, he doesn’t only see a new decrease at the stock exchange but also a further fall in the whole economy.
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It was certainly has certainly been the biggest depression since the crisis in the early 30’s 30s , but now we see a growing gap between the evolution of the stock exchange and the economic activity. The investors are too enthousiastic have been too enthusiastic about the economic growth and when they will notice their mistake, professor Roubini expects a correction (a new decrease) of the stock exchange. Last week the stock exchange fell by 2% because the American production didn’t increase fast enough. Investors are uncertain about a new growth and Michael Georghegan, magnate of the giant bank HSBC, is even more pessimistic, he doesn’t only see a new decrease at the stock exchange but also a further fall in the whole economy. I found this exact same sentence on the blog of group 6... I don't know who copied who, but it shouldn't happen. If this happens in a paper, you both will lose marks for it.
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