Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Investors fear another global recession
07-30-2011, 12:33 PM
Post: #1
Investors fear another global recession
LONDON: Investors are abandoning the stock market at a rate not seen since the financial crisis of 2008 amid fears that another global recession is looming, The Daily Telegraph has found.

High inflation, the US debt crisis and ongoing problems in eurozone countries such as Greece, Portugal and Ireland have left ordinary investors feeling that they have “nowhere to hide”, experts said.

The amount of money placed in investment funds by savers has fallen by up to 90 per cent in recent months, figures show, as investor confidence hits lows not seen since the depths of the recession three years ago.

Instead, savers are rushing to put their money in perceived “safe havens”, with sales of gold funds rising by nearly 60 per cent last week.

Increasingly, people are opting to invest simply in cash, even though rising inflation means that they are effectively losing money.

The growing uncertainty in the safety of the stock market came as the FTSE 100 index dropped by one per cent - wiping £15billion off the value of Britain’s most successful companies after poor economic data from the United States. The index has fallen two per cent in the past week.
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  PM Imran Khan motivate investors to invest in Pakistan - Latest Update LRE-Azan 0 1,572 09-11-2018 03:03 PM
Last Post: LRE-Azan
  Delay in approval of building plans by CDA irks investors Salman 0 5,638 11-29-2013 01:17 PM
Last Post: Salman
  Cash-strapped CDA wants private investors Salman 0 2,331 05-29-2013 11:46 AM
Last Post: Salman
  Investors Vexed By Delays In The Provision Of Possession Of Property In DHA Valley Salman 0 4,553 03-09-2013 06:02 PM
Last Post: Salman
  Delay in DHA Valley irks investors Salman 0 3,991 02-28-2013 03:00 PM
Last Post: Salman
  Hamriya Free Zone offers registration, visa for investors Salman 0 4,494 12-04-2011 02:30 PM
Last Post: Salman
  World on brink of possible new recession: UN Lahore_Real_Estate 0 1,979 12-03-2011 12:00 PM
Last Post: Lahore_Real_Estate
  Pakistan provides investors friendly climate both for local and foreign investors: PM Salman 0 2,287 11-30-2011 05:31 PM
Last Post: Salman
  PTCL wins Global HR Excellence Award Lahore_Real_Estate 0 2,736 10-29-2011 03:38 PM
Last Post: Lahore_Real_Estate
  Investors losing interest in textile sector: PEW Lahore_Real_Estate 0 2,720 09-12-2011 12:26 PM
Last Post: Lahore_Real_Estate
  PM launches Online Work Visa Application for investors Lahore_Real_Estate 0 4,659 07-30-2011 01:31 PM
Last Post: Lahore_Real_Estate
  Thai investors keen to develop industrial parks in Pak Lahore_Real_Estate 0 2,796 01-13-2011 03:09 PM
Last Post: Lahore_Real_Estate
  Income tax on foreign investors: no advance ruling issued in 2010 Lahore_Real_Estate 0 2,840 12-23-2010 01:33 PM
Last Post: Lahore_Real_Estate
  UAE investors assured of security in Punjab Lahore_Real_Estate 0 2,133 12-13-2010 01:12 PM
Last Post: Lahore_Real_Estate
  Global investors eyeing Dubai realty market, once again LRE 0 2,226 11-16-2010 05:04 PM
Last Post: LRE
  People fear new meters to cost them dearly Lahore_Real_Estate 0 3,340 11-05-2010 01:16 PM
Last Post: Lahore_Real_Estate
  Little Boy, Fat Boy, Global Peace & america! LRE 0 2,265 10-29-2010 11:54 AM
Last Post: LRE
  Global Electricity Crisis & Pakistan LRE 0 2,575 09-05-2010 06:50 PM
Last Post: LRE
  Global Warming a Cause of Recent Floods LRE 0 2,231 08-31-2010 12:22 AM
Last Post: LRE
  Islamabad: PM’s housing scheme attracts foreign investors Lahore_Real_Estate 0 2,730 08-21-2010 05:40 PM
Last Post: Lahore_Real_Estate

Forum Jump:


User(s) browsing this thread: 1 Guest(s)