03-11-2020, 09:18 PM
** 11-Mar-2020 World View: Investor sentiment swings from complacency to panic
This is the change in mood that I was referring to when I wrote
earlier today: "The point is that the public mood is rapidly changing
in numerous countries. When the public mood starts changing rapidly,
anything can happen, including a panic and even a war."
Quote:> “The ferocity of the sell-off reflects a massive swing
> in investor sentiment from complacency to panic,” said Paul
> O’Connor, head of multi-asset at Janus Henderson
> Investors. “Whereas just a few weeks ago, investors were
> anticipating a v-shaped recovery in global growth, they are now
> pricing in a high probability of a global recession.”
> https://www.bloomberg.com/news/articles/...rkets-wrap
This is the change in mood that I was referring to when I wrote
earlier today: "The point is that the public mood is rapidly changing
in numerous countries. When the public mood starts changing rapidly,
anything can happen, including a panic and even a war."