Fear gripped global markets this week – but was it all overblown?
- Written by Luke Hartigan, Lecturer in Economics, University of Sydney
This week has been a rollercoaster ride for investors.
Financial markets across the world were gripped by a fearsome selloff that surprised even seasoned investors with its speed and ferocity, as well as what caused it all in the first place.
Two key factors drove the market rout. First, a weaker than expected US jobs number. Second, an interest...
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