Feb 052010
Notes to help you talk to your friends about market action:
- Risk appetite down, volatility way up.
- Sovereign credit risk in EU up, especially Greece, Spain, Portugal.
- Toyota hits a giant snag with massive recall.
- Unemployment picture mixed.
- Ratings outlook for US, UK and AAA-companies in doubt.
- US dollar up as risk appetite declines, and carry trades unwind.
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