Historic examples of Crowd madness

November 2007:- To fathom today’s gyrating markets, look no further than crowd psychology. The slide is unsurprising, considering the boom that preceded it. If investment bank strategists and fund managers were frank with themselves and their clients, they would admit … Read the rest

European downturn could be worse than US

April 2008: Investors and traders who are still buying euros near record heights, beware.

The European economy is in the danger zone, despite the sanguine noises from the Continent’s finance ministers and central bankers. Growth of the 15-nation region that … Read the rest