Wednesday, 15 October 2008

The unemployment and inflation figures make nasty reading too.
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BBC ONLINE 15.10.08 @ 4.40 pm

Market at 4.30pm heavily down -- FTSE 100 .. 4074 = - 7.28%

This extinguishes the larger part of the gains of the last two days
Dow Jones which had not been so strongly up is down -3.78 % at
midmorning NY time

Shares tumble on recession fears
Stock markets slump on fresh fears of a global recession despite
moves to strengthen the financial system