Will stock markets see a 14% plunge next month?

News Type: Opinion — Seeded on Mon Jul 23, 2007 6:51 AM EDT

Article Source: MoneyWeek

business, money, finance, investing, stock-markets, subprime-mortgage, moneyweek

Last week, global stock markets finally woke up to the fact that all is not well with their cousins, the credit markets. The FTSE 100 ended the week down more than 100 points, as concerns about the US subprime mortgage market started to spread to other areas.

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Will stock markets see a 14% plunge next month?

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