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1.Market Observations, 8.Was Sticky

29 Aug 2015 (AFR) – Whipsawing markets: Get used to them – Explaining this week’s manic week in stocks, and what the future holds

(29 Aug 2015, AFR, p15, by Jonathan Shapiro)

‘A terrifying collapse in global sharemarkets followed by a defiant rally bewildered and perplexed investors. But now that most of the chaos appears to have abated, is it safe to assume they’ll return to normal?  What just happened? That’s often the question financial market pundits must pretend they know the answer to when markets have taken us on an unruly and largely inexplicable ride. This week’s dramatic sell-off across global equity markets, which pivoted into a defiant rally without a great deal to justify either move, is to most a demonstration of the schizophrenia of markets. ‘

Read more at (might need AFR login access)


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