Difference between revisions of "2008-01-22 To Some, the Widening Crisis Seems Driven by Fear, Not Facts"

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{{data.pair|Title|To Some, the Widening Crisis Seems Driven by Fear, Not Facts}}
 
{{data.pair|Title|To Some, the Widening Crisis Seems Driven by Fear, Not Facts}}
{{data.pair|Text|&ldquo;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.&rdquo;}}<noinclude>
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{{data.pair|Text|&ldquo;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.&rdquo;</let>
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Revision as of 19:32, 4 April 2011