South Africa


  • Industry: Financial Services
  • Type: Business and industry issue
  • Date: 2009/10/26

Frontiers in Finance - September 2009 

Markets may often over-react. Sentiment can turn from confidence to despair, and back again, with relatively little justification. Many developed economies have obviously experienced a shock.
Frontiers in finance
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But those predicting the end of capitalism as we know it were overly pessimistic. Equally, the chorus of commentators now pointing to signs of recovery, green shoots, corners being turned, are probably overstating the prospects for an early return to the good times.