risk off Friday
November 12, 2010 at 07:29 AM EST
Looks like a big ‘risk off’ day coming up. The authorities are embodying uncertainty at a time when it’s ‘their move’ Where things go is not about market forces, but about what politicians and their appointees do next. The competence of the G20 is looking much like that of the FOMC, and it’s not a pretty sight. [...]
