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CS global risk appetite index.doc Hits “panic” level

Posted on August 2, 2011 @ 10:43 am (Tuesday) by WARREN MOSLER

The Credit Suisse Global Risk Appetite index has moved into ‘panic’ for
the first time since March 2009. Today’s level is -3.02 (panic is any
reading below -3).

Note that March 09 was the turning point for stocks. Coincidence?

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