Reviews, forecasts for stocks and the global economy 03/07/2011 Reviews, forecasts the world’s leading analysts last week Last week the U.S. market fell, the Russian market, crude oil (down more than 8%), gold. waiting for further decline in the market. – ‘Break 1,040 points mark for the S & P500 is very very bearish signal. I think the market will go much lower. And 900 points is not the limit. ” Bill Gross – Chief Investment Strategist at PIMCO: – ‘Income from investment in shares will be as low as the debt market and the U.S Low growth of U.S. gdp is the new economic standard.
” American consumers rent position. The index of consumer confidence in June decreased from 62.7 to 52.9 and figure out before those levels at which it was in March of 2008, but now has gone a setback. The fall is due to the viability of the American economy. Investors flee to safer assets. ” Oil prices on the This week, led the way on the rates of decline. Brent crude has fallen more than 8%.
Reduction was observed during the 5 days of the week. Oil prices react to the weak economic data and do not pay attention to any growth in oil consumption or reduce inventory in the U.S Gold on Thursday, lost more than $ 40 per ounce in just one trading session. Although all experts are convinced that it will go up. Perhaps this fall was associated with strong growth of the euro. Graph eur USD.