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Market Synopsis

Posted by Mark Motive on February 5, 2010 Markets Add comments
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.