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Sovereign wealth funds on euromoney.com

Sovereign wealth funds on euromoney.com

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FX poll 2008:

FX poll 2008:

FX moves to centre stage

May 2008

Against the Tide: It’s a suckers’ rally

Only suckers believe that the remedies applied to the credit crisis have cured the underlying sickness. There’s more painful adjustment to come, and it could last two to five years.




There has been a recovery in risk asset markets in the past month. But this is a suckers’s rally based on the expectation that the credit crunch might be over and that there will be no systemic financial failure.


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