RBS issues global stock and credit crash alert
source: http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/06/18/cnrbs118.xml
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The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks.
"A very nasty period is soon to be upon us - be prepared," said Bob Janjuah, the bank's credit strategist.
(End of excerpt)
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Full story at link
By Ambrose Evans-Pritchard, International Business Editor// Telegraph
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/06/18/cnrbs118.xml
Image by Reuters
"A very nasty period is soon to be upon us - be prepared," said Bob Janjuah, the bank's credit strategist.
(End of excerpt)
-----
Full story at link
By Ambrose Evans-Pritchard, International Business Editor// Telegraph
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/06/18/cnrbs118.xml
Image by Reuters
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