2008-01-22 To Some, the Widening Crisis Seems Driven by Fear, Not Facts

<hide> <let name=data index=Date>2008-01-22}}{{#vardefine:Topics|\US economy\global economy}}{{#vardefine:keylist|{{#var:keylist}}\Topics}}{{#vardefine:Topics.disp|\US economy\global economy}}{{#vardefine:URL|http://www.nytimes.com/2008/01/22/business/22stox.html}}{{#vardefine:keylist%7C{{#var:keylist}}\URL}}{{#vardefine:URL.disp%7Chttp://www.nytimes.com/2008/01/22/business/22stox.html}}{{#vardefine:Title%7CTo Some, the Widening Crisis Seems Driven by Fear, Not Facts}}{{#vardefine:keylist|{{#var:keylist}}\Title}}{{#vardefine:Title.disp|To Some, the Widening Crisis Seems Driven by Fear, Not Facts}}{{#vardefine:Text|“Mr. Yardeni warned, however, that in a time of panic and fear, less attention is paid to fundamentals, like a fairly tight United States job market and strong growth and the extraordinary buildup of foreign exchange reserves in emerging markets. The result is panic selling and the prospect of a global recession. “People are creating the financial violence that they hoped to avoid,” he said.”}}{{#vardefine:keylist|{{#var:keylist}}\Text}}{{#vardefine:Text.disp|“Mr. Yardeni warned, however, that in a time of panic and fear, less attention is paid to fundamentals, like a fairly tight United States job market and strong growth and the extraordinary buildup of foreign exchange reserves in emerging markets. The result is panic selling and the prospect of a global recession. “People are creating the financial violence that they hoped to avoid,” he said.”}} {{#xploop:{{#var:Topics}}||}} {{#xploop:{{#var:keylist}}|\n* $s$: \o#var:$s$.disp\c}}

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