Sep 2, 2010

The Stock Market Can Sharply Correct

With growth at a stall speed of 1 percent or below, the stock markets could sharply correct, and credit spreads and interbank spreads widen while global risk aversion sharply increases.

in Bloomberg

Related stocks: Bank of America Corporation (BAC), Citigroup Inc. (C), JPMorgan Chase & Co. (JPM) , Wells Fargo & Company (WFC), HSBC Holdings plc (ADR) (HBC) , Barclays PLC (ADR) (BCS), Royal Bank of Scotland Group plc (ADR) (RBS), Banco Santander, S.A. (ADR) (STD), National Bank of Greece (ADR) (NBG)