Relevant:
- Credit Suisse Sees ‘New Normal’ in ABCP Market
- Concerned About Lack of Progress on Resolving Financial Market Tensions, Fitch Cuts Global Economic Growth Forecasts
- GLOBAL BUSINESS OUTLOOK: "DARKEST PICTURE SINCE FINANCIAL CRISIS." US DETERIORATION "OF GREATEST CONCERN"
- More thoughts on the fake recovery
- Société Générale tells clients how to prepare for 'global collapse'
2009-11-20 — housingwire.com
"Fitch also indicated in the ABCP market commentary a positive outlook on global recovery despite recent projections by French investment bank Société Générale that 2010 might end in “global economic collapse†under a worst-case bearish economic scenario. Signs of green shoots in financial markets are gaining steam, Fitch said, although determining a timeline for the bottoming of company defaults is difficult to project."
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