Healthy Correction or Deeper Turmoil?
Article no: EN20070804-Article-4.4-2007
Healthy Correction or Deeper Turmoil?
Stock markets around the world experienced sharp falls since the end of last month. It could be just a short ?correction?, or a new phase of financial volatility. With the second week of wild ride and high volatility, it is best to prepare for more shocks and roller coasters ahead, writes Martin Khor.