Join NexChange - the professional
network for the financial services
industry - and receive a free one-
year subscription to Forbes
Value Emerges in Asia's Markets as Panic Sets In
By Advisor Perspectives
The first signs of panic?
I have been waiting for the first signs of real panic in Asia’s bear market. First, there was the question of why India had been so defensive, with its current account deficit, high structural inflation, strained banking system, difficult government finances and high valuations. India’s market has started to drop. And then we had weakness in Japan, the perennial safe haven. That market has weakened dramatically, too. And now, the all-conquering S&P 500 Index has seen acute volatility. Is the U.S. the last market to lose confidence? Certainly, confidence seems in short supply all over the world.
Read more at Advisor Perspectives.
Photo: Mike Behnken