How to interpret a market plunge….

Whether a sudden sharp decline in asset prices amounts to a meaningless blip or something more depends on mass psychology.

“This crash is probably nothing. But they always are, except for the times when they aren’t.”

Nice little piece from The Economist

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: