Bob Parker, vice chairman of Credit Suisse Asset Management, which oversees more than $600 billion, talks with Bloomberg's Jeremy Naylor in London about the outlook for global stocks, credit-related writedowns and his investment strategy. U.S. stocks tumbled yesterday, sending the Dow Jones Industrial Average to its worst June since the Great Depression, as rising oil prices, credit-market writedowns and a slowing economy threatened to extend a yearlong profit slump.
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Added: Jun 27, 2008 |
| Category: Business |
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