Investors in global equities markets might be feeling battered and bruised as fears of a global recession take hold, but the riots in London could become a symbol of a social backlash smouldering away in the debt-bloated countries of Europe and the United States.
With so much negativity, it is hard to see what will snap everyone out of the malaise. In Australia, the market breached the psychological 4000 barrier yesterday, wiping off billions of dollars, and it looks like it doesn't know how to stop.
No comments:
Post a Comment