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Market Review

So market is still going down around the world, this time some stocks  are facing huge corrections. Not only in stock market,  Gold has also come down from $1400 level to $1300 level as well as Oil from $88 level to $82  level . So correction is going around in most of the sectors. 

Again the  debt crisis, it is not something that suddenly comes up  but it is quite a while now, the thing is that we forget what was the case in last 6 months ago  & we all  Know that countries  like Greece, Portugal , Spain, Ireland & Italy are facing this problem.  EU  governments  have established  $1 trillion  rescue package with the help of  IMF  to help these  EU  nations. But the problem is Ireland’s domestic policy makers & some countries like  Finland  have different opinion, they think  Ireland can come up on it’s own from this situation.  But German  & some other EU  members think that if Ireland does not take  rescue help now this problem not only reaches to other already weak  EU members but this can  be a threat to  EURO  and as well as global economic recovery.
I think this problem will not only a danger for bond market but it will also negatively effect  already effected stock markets.

Chinese markets are hugely corrected as I was telling last day, the rate effect  & fear  of a slow-down are contributing much on it .Other markets were also corrected around 5%. Even today Asian markets were down especially Chinese. 
All these corrections are making some stocks more cheap to collect for an upcoming   ?????????? 


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