We End Up Being Facing An Autumn Stock Market Crash

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(Reuters) - Australia's Westfield Group isn't expected to snap up any assets from the collapse of General Growth Properties Inc. despite its cash pile of nearly $6.5 billion, due with regard to an uncertain outlook for the U.S. economy and the global credit store.





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"We've a new rough small amount of days, with bond yields approaching 5%. This market has been strong, therefore it's an excuse to take money out of the table, but this move is clearly interest-rate driven," Jay Suskind, director of trading at Ryan, Beck & Co, told MarketWatch.

It was clear to anyone that, at least on paper, our gold reserves were overleveraged by almost 4 to individual. Plus, there was no result in sight and no way to reverse the momentum that had already begun. As a nation, we did not know how to react against such an overbearing require our unit of currency.

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