The situation in the financial markets has not improved over night. In fact, the crisis seems to be accelerating. But toward what? In the share market, we had a look back on the 2003 low on the ASX. On March 12, 2003 the index closed at 2,673. If the rally that began the next day and ended in October of last year was really just a multi-year rally in the midst of a secular bear market, you have to ask whether the 2003 low will be tested.
October 10th, 2008 | Dan Denning | 7 comments | ContinuedAll Posts Tagged With: "Department of the Treasury"
