El-Erian: Making Sense of Thursday’s Violent Market Selloff

Technical factors played a role in Thursday’s unsettling market moves, including the disorderly across-the-board collapse in the price of risk assets in the final hour of trading and the related surge in U.S. Treasury’s. But they were not the cause. Rather, they amplified three factors that will determine the fate of markets in the weeks ahead. Read Article Here…

August 8, 2011 In: Current Affairs, Financial Articles Comments (None)