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

Posted by WARREN MOSLER on August 2, 2011 in Economic Releases 21 Comments

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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by WARREN MOSLER

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