Wednesday 3 July 2013

Why the new crisis in Egypt is a black swan for financial markets « ArabianMoney

"Global stocks continued to plunge in the advance of a climax in the power struggle in Egypt with a military coup seemingly just hours away. Gold, oil and silver prices strengthened.

Is this the black swan event that will trigger a wider correction in global financial markets? Many commentators have been looking for a catalyst to bring an over-extended rally to an end. Perhaps this is it."

'via Blog this'

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