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To: Red Badger

“Investor (Stockholm: INVE-B.ST - news) uncertainty is leading to a flight to quality and safe havens,” said Peter Dixon, economist at Commerzbank (Xetra: 803200 - news) .

“Dumping stocks seems sensible with so much uncertainty on the macro environment, and all fundamental ways of looking at value are out of the window.”


8 posted on 05/20/2010 10:18:10 AM PDT by EBH (Our First Right...."it is the Right of the People to alter or to abolish it,")
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To: EBH
flight to quality

Always makes me giggle. Meaning of course that the market stays in crap as long as possible.

Used to be that the typical strategy would be to buy-and-hold quality. Now it's a rarity assumed only in panic.

16 posted on 05/20/2010 10:23:54 AM PDT by sam_paine (X .................................)
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To: EBH
...all fundamental ways of looking at value are out of the window.”

The world has gone insane...............

19 posted on 05/20/2010 10:25:45 AM PDT by Red Badger (When you see Jerusalem being surrounded by armies, you'll know that its desolation is NEAR. Luke 21)
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