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Economy
In reply to the discussion: STOCK MARKET WATCH -- Friday, 24 January 2014 [View all]Demeter
(85,373 posts)31. Famous Last Words
I wouldnt call it a panic, Mr. Wenzel said. An extended bull market in stocks has left investors unprepared for red indexes on their screens, he said, as investors just arent used to seeing this kind of volatility.
http://dealbook.nytimes.com/2014/01/24/a-worldwide-market-slump-gains-traction/?_php=true&_type=blogs&_php=true&_type=blogs&_php=true&_type=blogs&_r=2
...Charles Diebel, head of market strategy at Lloyds Banking in London, said investors who had been enjoying high-risk, high-return investments were now leaving emerging markets and equities and into the perceived safety of United States, German and British government bonds.
But he played down the degree of unease among investors, saying, theres no indication of anything systemic. Its just the market mechanism at work.
The damage, though, could be greater in other parts of the world....
MORE WHISTLING PAST THE GRAVEYARD...
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Demeter
Jan 2014
#6
It hasn't gottten any easier, either. And DEFINITELY not any fairer or equitable.
Demeter
Jan 2014
#22