Looks like it ain't over yet ,News of a Major Corp Company in the US filing for bankruptcy is not gonna help the economy any time soon.
This will definetly be a huge blow as in when the economy is going to recover with the arrival news such as this. Hopefully the stocks later in the day won't do that bad . No doubt they will be some effect as speculation is already arising on this.
Anyway which Major Corp you might ask?
General Motors
Link: http://www.marketwatch.com/news/story/gm-preparing-possible-bankruptcy-report/story.aspx?guid={9BE2FACB-AE20-4915-ACC0-382664116BBC}&dist=msr_1
1 comment:
On our side..
Proton stock go up 15% due to rumours it going to merge with Perodua.
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