Jurrien Timmer: Boom Bust Bubble?
Fidelity’s Jurrien Timmer writes: Binary outcome, or a little bit of both tails? Last week was ...
Ohhhhh, well.
If you recall Premium’s ’Licking wounds’ from 13 January, there is one striking similarity drawing from yesterday’s stock market action and how (badly) it affected transport and logistics (T&L).
Make no mistake
What we witnessed is also consistent with the landscape, as discussed here a week ago: ’One premonitory crash after another’.
Up and down
Yesterday’s headline story* at the end of a choppy session is a reminder of a risk-off environment…
(*Sourced from Seeking Alpha, after the US market close: ’Nasdaq plunges more ...
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