Secoo
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4 Lessons of a Wild Market Week
Many investors will remember last week’s market gyrations (and Wednesday’s in particular) as exceptional, exciting, frightening and draining. The wild movements affected both stock prices (including a 600-point swing in the Dow Jones Industrial Average in just a half-hour) as well as U.S. Treasury bonds, which are traditionally more stable and reassuring. Yet the relevance and consequences of the week's extreme market fluctuations extend far beyond investors and traders to include the prospects for economies as a whole. The interrelated lessons also suggest that, looking forward, these market gyrations may not ... (full story)