Calm Amid the Chaos

- WatersTechnology Staff
- 01 Jun 2009

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Could the worst of the crisis be over? "Green shoots" is a buzzword at the moment and the signs are certainly encouraging. Equity markets have staged dramatic recoveries, with the global benchmark S&P 500 climbing from a low of 676.53 on March 9 to 929.23 on May 8, fueling hopes that the worst is over for the financial sector. Meanwhile, there has been a spate of better-than-expected earnings reports by banking giants including Goldman Sachs, JPMorgan, Citigroup and Bank of America, while news

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