Don't Act on Your Panic, Unless You know Something

It’s been one of those weeks in financial markets. After months and months of genial drifts upwards, global stock and bonds markets angrily erupted over the past few days, with bonds plunging of fears that the US economy – held in check by a stern Federal Reserve hellbent on pushing inflation back to 2% - was on the verge of a recession and a new wave of joblessness. Read Full Article »