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Thursday, August 23, 2007
What's Ahead for the Stock Market -- and Quant Funds
Around the world, investors have been reeling from widespread problems in the subprime sector of the U.S. mortgage business. Stocks have fallen, especially among financial firms. Yields on Treasury securities have dropped, as people pile into an investment that's seen as a safe harbor in times of tumult. And companies – lumped together with the big crowd of homeowners who have defaulted on their loans – are finding it hard to borrow money. Read more...posted by Charles Monat Associates at 9:27 AM
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