Riots and stock values

An interesting comment from Jim Reid of Deutsche Bank in the wake of swooning stock markets and riots in London: Although not linked to the sell-off we can’t help thinking that we live in socially volatile times generally due to economic hardship. This is something that may eventually have ramifications for Europe’s future in the years ahead. If the person on the street and voters get fed up of the Euro straight [sic] jacket then days like yesterday in financial markets could look mild. Yup. There’s no doubt that the strength in… Read More