Monday, December 17, 2007

Rising inflation Not Good For European Stock Markets

Martin at CNBC in Europe says that unless the money markets get unstuck from some of the central bank auctions, it will be difficult situation going into January, with slowing economic growth coupled with rising inflation painting a very gloomy economic picture and putting downward pressure on European equity prices.

A fair point that can be made from here will be to stay away from trding in you are looking short term gains.

No comments: