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Shortages, inflation and a further slump loom.
A modest pickup in global growth would also prevent a further slump.
To assess the risks of a further slump, we track two measures of valuation.
A further slump would spell doom for BP, and many other firms besides.
Biting into Nokia's market share, the company's hottest rival, Samsung Electronics, reported soaring profits, while Nokia forecast a further slump.
Pam Tatlow, chief executive of thinktank million+, said the figures could indicate a further slump in university application rates and said alarm bells should be ringing in government.
Similar(45)
The average loan-to-value ratio is less than 60%, meaning the vast majority of homeowners have a "substantial cushion of equity" to protect them from any further slump in the market, the CML said.
Shares of James Hardie gained 2.5% to 4.50 Australian dollars ($3.48), even after the building materials firm reported its full-year operating profit declined 44% as a result of further slump in U.S. fiber cement sales.
But between the country's further slump into a grisly civil war in 2006 and 2007, and America's hushed exit in December 2011, that sharp focus turned fuzzy.
Pub attendance had fallen by 11% between 1988 and 1993 and when a further 20% slump was predicted over the next five years, the drinks industry hit back with alcopops.
URGES REVIVAL OF TRADE American-Born Publisher Asserts Only United States and Britain Can Avert Further Slump.
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