recession

ASX200 vs NAB vs ANZ

Monday, June 30th, 2008

ANZ and NAB drop significantly ever since its peak in November 2007. NAB has reached its August 2004 bottom. There is still another $2.50 more to go before ANZ reach its bottom in November 2003. Have a closer look at the line that i draw vertically.  When NAB is at ...

Inflation, Recession and the Economic Cycle

Saturday, February 16th, 2008

Written by : Stephen Schurr Inflation, which occurs when prices rise as an economy overheats and demand outstrips supply, is the 800-pound gorilla that strikes fear into the heart of Wall Street, Main Street and Washington. But it is one part -- the other part being recession -- of a broader, continuous ...

Lessons from the 1987 market crash

Wednesday, January 30th, 2008

This article is taken from the Star, Business section, dated January 30, 2008. The word that you should take note on in this article is "Cash is KING" when the market is down. During recession when people cant meet their repayment, bank will just put the house to auction and ...