Patience is best EA in Trading
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Here are the similarities between 2016 and the 2008 financial crisis
2016 has a been a jittery, volatile year so far for markets. The trouble began with circuit-breaker halts in Chinese stock markets and continued with a bank rout in Europe. George Soros, one of the world's most successful investors, said in January that he saw similarities with financial pressures that built up before the 2008 financial crisis. "I would say it amounts to a crisis. When I look at the financial markets there is a serious challenge which reminds me of the crisis we had in 2008," Soros said in Sri Lanka. While things haven't got that bad yet, analysts at investment bank Jefferies decided to take a ... (full story)