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Journalism of Courage
Developed and emerging equity markets posted negative returns in November as concerns over portfolio asset values, mostly housing related, weighed heavily on financial markets. According to a Standard 038; Poor8217;s global stock market review, developed equity markets fell 4.39 per cent in November, while emerging equity markets lost 6.18 per cent. 8220;World equity markets turned lower in November as the financial liquidity crunch, as well as the related earnings charges, continued to weigh down the markets,8221; says Howard Silverblatt, senior index analyst at Standard 038; Poor8217;s.
