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Article: Investment community advised to 'batten down hatches' for 2009; Stock markets appear set for more volatility.(Business)
- Article from:
- Western Mail (Cardiff, Wales)
- Article date:
- January 1, 2009
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Copyright informationCOPYRIGHT 2009 MGN Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Aled Blake Business Correspondent
INVESTMENT opportunities in 2009 will be few and far between, a senior figure in HSBC Wales' operation has said.
Harry Lewis, of HSBC Private Bank, which is based in Cardiff Bay, described 2009 as "a great challenge" for those who rely on savings or capital for an income, and believes that world stock markets are likely to remain volatile for the coming year.
It comes after figures showed that the UK economy shrank faster between ...
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