Personal Injury Law

From the New York Times: "Stocks Plunge in Europe and Asia on U.S. Recession Fear"--

Global stock markets plunged on Monday as fears spread that the turmoil in United States mortgage markets is spreading. Indexes in Europe fell as much as 7 percent after a huge sell-off in Asia. ?There?s something approaching panic in the market,? Holger Schmieding, the chief European economist at Bank of America in London, said by telephone.

?There?s been a reassessment in the market of the U.S. economic outlook, with most people now thinking that there will be a recession,? and investors are starting to reconsider the idea that the rest of the world ?will remain aloof from U.S. problems.?

--Posted by Godfrey Illinois accident lawyers and the Godfrey  Illinois truck accident attorneys of Schaeffer & Lamere, P.C., handling car accident, personal injury, products liability, workers' compensation, medical malpractice, truck accidents, and more.