Aug 6, 2011

Mega Sale Is Coming?

Posted by coolcoolbird at Saturday, August 06, 2011
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Asian markets take a beating after Dow Jones crash 

PETALING JAYA: Regional markets took the heaviest hit since March as shockwaves from the 513-point crash of the Dow Jones Industrial Average on Thursday swept through Asia. The markets were a sea of red, with the Taiwan Taiex Index falling the most, plunging by 5.8%, followed by the Jakarta Composite Index which fell by 4.86%...


Definition from http://www.investopedia.com/terms/d/doublediprecession.asp
When gross domestic product (GDP) growth slides back to negative after a quarter or two of positive growth. A double-dip recession refers to a recession followed by a short-lived recovery, followed by another recession.

A double-dip (or even triple-dip) is a worst-case scenario. Fear that the economy will move back into a deeper and longer recession makes recovery even more difficult.

 

 


Feel excited because the promotion sign is seem to be seen.
It should be a good news for investor, bad news for speculator...


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