Cornwall ON – Gold has hit a new record as European markets shrink amid further recession fears. This amidst drops in the Pound and edging still downwards of the Euro. Oil is also flat and the BP situation also is causing a lot of concerns not only for the loss of revenue, but issues of possible new regulations and cost to drilling.
In the US, markets had their worst two day drop in over a year led by tech giants Apple and Google
Financial stocks turned lower as the U.S. panel investigating the causes of the financial crisis issued a subpoena to Goldman Sachs after the Wall Street firm failed to hand over documents in a “timely manner.”
So how’s your investment portfolio doing? We’re going to ask a local expert to join us shortly on Seawayradio.com to talk about money and how to surf through these choppy financial time.
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