Next Credit Crisis

JPM Investment Group has warned that another wave of credit resets are due to hit at the end of 2009.  Presently we see the US residential credit market coming under further pressure with the Alt A loans resetting and the Option Adjusted loans reseting early next year.  In addition, the commercial lending for both the US and Europe is coming up for maturity and companies will need to renegotiate new terms with their banks.  With all this occuring in 2010 the credit markets will come back under huge pressure, in turn this will have an effect on not only business earnings but equity markets will also come under tremendous pressure.

JPM Investment Group have protected their clients from this next storm which is due to hit the financial markets, contact our office to discuss how you can protect your personal position on 1300 693 511.