Equity Latest Private Equity Placement Markets Register Record Gains
Released on: October 30, 2008, 7:27 am
Press Release Author: Up to date news service for the financial business sector.
Industry: Financial
Press Release Summary: Private Equity Placement see second day of record gains on world equity markets
Press Release Body: "Private Equity Placement" have reportedly called the sharp gains in share prices since US Treasury Hank Paulson's bailout announcement, "astounding."
Bourses around the world registered gains of more than 4% as the sheer enormity of the plans to buy severely marked-down mortgage-backed securities from financial institutions sank in.
"Private Equity Placement" are thought to be mindful of continuing stresses within credit markets despite the wider optimism in the markets.
Although "Private Equity Placement" are thought to believe that the plan will alleviate strain on the US housing market should banks be able to lend money for mortgages, they may be concerned that the US consumer is still debt-ridden.
A source close to "Private Equity Placement" said that although the banks may be able to lend, the consumer may not be willing or able to take on any more borrowing.
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