zondag 7 december 2008

An ethical recession...

A lot of people are enjoying the thanksgiving atmosphere, but not everyone. On monday night the S&P500 -a very important American value weighted index- fell almost 9%. Fortunately, the following days there was a cumulative gain of 12%. Although, the National Bureau of Economic Research has noted the US has been in a recession since December 2007, this growth was the best weekly performance in 28 years. Because of the recession new car sales in Europe are falling dramatically. For example in Spain sales skydived by 40% last year. However, now European bicycle companies and public transport companies will get an enormous boost. If you want a good ethical investment, it’s advisable to buy stocks in these sectors. Choices in favour of public and pedal transport will keep everyone happy!

Australian ethical

Yen Bosmans

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