@@@@@@@@ U.S. 'dangerously close' to recession - Morgan Stanley report @@@@@@@@@

[chowdary9]

NEW YORK (CNNMoney) -- A pessimistic report on the global economy from Morgan Stanley -- particularly about the United States and Europe -- sent the world's stock markets tumbling Thursday.
European stocks were sharply lower in morning trading. Germany's DAX (DAX) fell nearly 4%, while Britain's FT-100 (UKX) and France's CAC-40 (CAC40) were both down more than 2%.

U.S. stock futures pointed to a 2% sell-off at the 9:30 a.m. ET open.

Asian markets finished more than 1% lower.

In its report, Morgan Stanley (MS, Fortune 500) lowered its global growth forecast to 3.9% this year from 4.2%, and to 3.8% in 2012 from 4.5%.

[b]How Washington is destroying the economy[/b]

It also said the United States and Europe were "dangerously close" to a recession over the next 6 to 12 months. It said "policy errors" in both the United States and Europe had led to the global downgrade.

But Morgan Stanley also said any recession would not be as severe as the one that crippled world economies in 2008, saying household, corporate and bank balance sheets are in better shape now, and that central banks have looser lending policies.

[chowdary9]

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[skchinnari]

cry@fl

[htnamus]

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[chowdary9]

[quote author=SKCHINNARI link=topic=225927.msg2788248#msg2788248 date=1313687130]
cry@fl
[/quote][img]http://i56.tinypic.com/muenfs.jpg[/img]

[chowdary9]

[quote author=HS link=topic=225927.msg2788253#msg2788253 date=1313687143]
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[/quote][img]http://www.desigifs.com/sites/default/files/mahesh_style2.gif?1290370907[/img]

[Virat Kohli]

^^" ^^" ^^" ^^" ^^" ^^"

[RUDRAKSHA]

%<>( %<>( %<>( %<>( %<>( %<>( %<>(

naa FB lo copy kottava.. :0012391: :0012391:

[chowdary9]

[quote author=Virat Kohli link=topic=225927.msg2788259#msg2788259 date=1313687187]
^^" ^^" ^^" ^^" ^^" ^^"
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[chowdary9]

[quote author=RUDRAKSHA link=topic=225927.msg2788260#msg2788260 date=1313687195]
%<>( %<>( %<>( %<>( %<>( %<>( %<>(

naa FB lo copy kottava.. :0012391: :0012391:
[/quote] who r u  &D_@@ &D_@@ &D_@@

[skchinnari]

[quote author=Hangover link=topic=225927.msg2788255#msg2788255 date=1313687150]
[img]http://i56.tinypic.com/muenfs.jpg[/img]
[/quote]  manam ikkada unte ee country bagundali kada(indirectly India benefit avutundi kada through outsourcing)... y dancing

[chowdary9]

[quote author=SKCHINNARI link=topic=225927.msg2788275#msg2788275 date=1313687308]
  manam ikkada unte ee country bagundali kada(indirectly India benefit avutundi kada through outsourcing)... y dancing
[/quote] jarigedi manam aapalem.. dani kosam badha padatam waste.. unnade chinna jeevitham.. danilo anandam ga undali  ~"! ~"! ~"! ~"!

[Simple123]

[quote author=Hangover link=topic=225927.msg2788293#msg2788293 date=1313687390]
jarigedi manam aapalem.. dani kosam badha padatam waste.. unnade chinna jeevitham.. danilo anandam ga undali  ~"! ~"! ~"! ~"!
[/quote]

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