Stan Chee dot Com

2007 will surely be known as the year the US housing bubble burst. As US house prices fell and
mortgage delinquencies surged, shock waves were sent across global financial markets.
The outlook for 2008 will most likely to stay in volatile conditions. So. choppy waters are
likely to be with us for some time. What do you think?

As 2007 draws to a close, it’s a good time to get prepared by researching into various sources
for the latest news and information.

I spent the past few days searching for some experts’ views on Global Economic Outlook for 2008

to get myself prepared as, apart from Internet Marketing, I’m also involved with Stock and
Forex Trading.

Below, you may find something useful to read and watch…

What the experts said:

Anthony Bolton of Fidelity:
“I would expect the contagion to seep into most stock markets like a cancer”

Nigel Thomas of Axa Investment:

“Global growth is key to equity markets as US and UK growth will slow”

“A turning point for the dollar?” by JP Morgan:
“2007 proved to be a very poor year for holders of the dollar. In real trade weighted terms the
dollar fell by 8% in the first 11 months and is now at its lowest level since 1980. So much so,
that the market chatter focused on “regime change” and whether the world financial system is
weaning itself off the dollar as a reserve currency.
……..Thereafter, the greenback revival could begin. Far from this being the end of the dollar
hegemony in global financial markets, 2008 might be remembered for when the dollar finally

bottomed and underwent a meaningful bounce.”

www.telegraph.co.uk-Financial outlook 2008

Economic Outlook 2008: Darkening Clouds”> by Professor Don Armentano

2008 Economic Outlook - Brightcove

David Resler, Chief Economist of Nomura Securities, provides a look ahead to 2008, saying we
will escape a recession even though it’s a close call right now. He says the main hurdle the
U.S. will face in coming years is the housing correction (Video below).

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More from The Wall Street Journal

As for E-Business and Technology, this one is very informative:
E-Commerce Times

Tags: global+financial+outlook+2008 economic+outlook+2008 stock forex+trading

This entry was posted on Monday, December 31st, 2007 at 6:13 am and is filed under Random Musing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.