To the Point
Stock Markets React to Problems in Sub-Prime Lending Market
Stock prices dropped again on Wall Street today—following markets in Europe and Asia—which, in turn, were responding to America's sub-prime lending problems. It's the dark side of what has been a stabilizing factor. That's according to Daniel Gross who writes the Contrary Indicator column for Newsweek and Moneybox for Slate.com.
By Warren Olney • • 1 min readStock prices dropped again on Wall Street today—following markets in Europe and Asia—which, in turn, were responding to America's sub-prime lending problems. It's the dark side of what has been a stabilizing factor. That's according to Daniel Gross who writes the Contrary Indicator column for Newsweek and Moneybox for Slate.com.
