Risk Correlated Assets Begging for Relief But No Real Sign of Bottom Yet
Investors are panicking as risk correlated assets tumble, with no signs as of yet of a light at the end of the tunnel….
Investors are panicking as risk correlated assets tumble, with no signs as of yet of a light at the end of the tunnel….
Crude oil and copper may rise amid profit-taking on risk aversion bets while gold and silver ride QE3 hopes and growing fears of Eurozone instability may spread.
Risk aversion has swept over the market these past two weeks, leading the S&P 500 Index to the cliff of a major reversal and the safe haven US dollar to incredible gains. Is this shift in risk appetite inevitable or are speculators just looking for a big-ticket headline like the Facebook IPO to spur a [...]