It could well be argued that Egypt's political upheaval may only go so far in impacting G7 equity markets and that in the long-term, these markets will once again pick up due to their own internal demand dynamics as well as demand from emerging markets. But increasingly correlated global markets require the RIGHT TIME and RIGHT PLACE to peak and start to sell-off. Ive explained last Monday that it would be highly unlikely for the Dow-30 to end the week high, because such a development would have made it 9 consecutive weekly gain, something not seen since 1995.
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