BGFS Associates

The sub-prime mortgage situation is continuing to create unrest in equity markets with the uncertainty surrounding the scale of the lending issue prolonging the markets’ insecurity.

In the US, the S&P 500 has fallen over recent weeks to the extent that it has now given up the gains achieved in 2007 to stand at 1,416.77, a loss of 0.1% for the year to date.

Asian stocks have also (continue reading…)