The prospects ahead isn’t that bright after all, even though the Bush administration has announced a $700 billion rescue plan and President-Elect Barrack Obama would further inject another $500 billion to help stimulate the economy. Economists reported that developed nations have in fact slid into economic recession and the next year wouldn’t be bed full of roses either as the GDP is expected to under perform.
On the other hand, investors continue to sell stocks at hand, fearing that the stock market will be bearish for the next couple of weeks.
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