Global Markets hit multi-year lows

2009 forecasts keep eonomies depressed
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This week will determine whether October 2008 will go down in history as the worst onth ever for the performance of equity markets around teh world.
The savage bear grip on global equities has been undrelenting so far this month, with major markets plumbing multi-year lows.

To the consternation of investors, the process of markets establishing a floor after sliding more than 40% already this year apperas increasingly fragile.