sak karep

The best summary of what has (not) been going on in the downward drifting equity markets comes from DB's Jim Reid, quoting: " Markets are in non-panicky limbo at the moment ahead of the upcoming US budget debate. US equities fell for the 5th day in row (S&P 500 -0.27%) and although this is the worst run since the Christmas/New Year’s Eve period of 2012 (due to the fiscal cliff debacle), the ...