Markets are back at panic levels, says Credit Suisse Published: Oct 2, 2015 8:15 a.m. ET
Panic creates short-term buying opportunities, analysts say
If it feels like you’re reliving the market jitters of the Great Recession and eurozone crisis, it’s probably because you are.
During this week, global risk appetite dropped to “panic” levels for the first time since January 2012, according to Credit Suisse’s Global Risk Appetite Index. That was back when investors feared a breakup of the euro bloc, grappled with unsustainably high sovereign borrowing costs and freaking out about the spillover from Greece.
Before that, the index reached panic state around the onset of the 2008 financial crisis, after the Sept. 11, 2001 attacks on the U.S., during the dotcom bubble and after Black Monday in 1987. Get the picture?
http://www.marketwatch.com/story/markets-are-back-at-panic-levels-says-credit-suisse-2015-10-02
Logged
