Market Compass Goes Awry When Governments Steal: Mark Gilbert

In this week’s article we explore the current market the emotion and future direction. Enjoy the article.So where are we now? Tim Price, the director of investments at PFP Group in London, says the credit crisis has destroyed “the boundaries of possibility.” Faith in credit ratings, government debt, economic Darwinism, regulation, and the enlightened self- interest of banks and bankers has vanished. As a result, “literally anything is possible,” he says. http://www.bloomberg.com/news/2010-08-12/market-compass-goes-awry-when-governments-steal-mark-gilbert.html