It's a very difficult market right now. Clearly, anything perceived as a risk asset is being sold down, the bigger issue... what, in my mind, is driving all this selloff is that markets are losing confidence in central banks' ability to act as an effective referee.

Steven Baffico

Categorized in : Company News

We're starting to feel some of the knock on effects from energy and distress in those markets, over the last couple of days, that's spread into the financial system. It's difficult to find a lot of momentum to the upside for any sustained period of time.