Saturday October 31, 2020

Bank actions signal end to easy credit

A bit of summer volatility in the financial markets which will soon be forgotten? Or a fundamental sign that something is amiss in the global economy?

18th August, 2007

A bit of summer volatility in the financial markets which will soon be forgotten? Or a fundamental sign that something is amiss in the global economy?

In a few months, we should be more able to judge accurately the importance of the market turmoil of recent weeks. However, when the world’s central banks have to leap into action, it is a fair signal something important is happening.

It remains to be seen whether...

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