Are the equity markets in a state of denial? Or were stock investors really enlightened when they bet that the world’s financial system could muddle through the past few months’ credit squeeze without a systemic crisis?
By John Authers
Published: October 17 2007 07:54 | Last updated: October 17 2007 07:54
Are the equity markets in a state of denial? Or were stock investors really enlightened when they bet that the world’s financial system could muddle through the past few months’ credit squeeze without a systemic crisis?