The Melting Of The Markets


In the world of financial markets and global economies the really big things rarely change rapidly. The last few weeks have proved to be an exception to the rule. In the space of days large economies have all but closed down, and financial markets have bounced up, down and side-to-side like a pinball. When change is this rapid there is a natural tendency to think that a return to the status quo ante will be just as rapid. That may prove a rash assumption …


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