The global stock market collapse and how it will impact Jamaica

The catalyst for the global market sell off was primarily the acceleration of the European debt crisis, which in the last few days of last week become a classic fear driven liquidity crisis as Italian and Spanish bond yields rose sharply, to above six per cent, on concerns over their creditworthiness.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s