Whiplash
A month ago stocks were trading near recent highs on improving corporate earnings and a steadily improving US economic backdrop. Investors were not euphoric but a certain amount of complacency had crept into the market with the volatility index at levels that indicated little in the way of demand for downside protection. Individual investors were not .. read more
On May 31st, 2010,
posted in: Markets by Joseph Y. Calhoun Tags: austerity policies, hooverite policies, mutual fund flows, spain downgrade by fitch, stock market sentiment, us economy, world bank ease of doing business
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