Things are so uncertain that investors still do not have a clear idea how much of their risk assets they need to sell, but it is safe to assume investors are not yet done with all the selling they need to. I wouldn't be surprised to see another 10 percent fall in share prices.

Hiroko Iwaki

Categorized in : Top News

There's no inflation prospects, there's no strong growth. The only thing we have is uncertainty, the rise in shares last week wasn't based on any improvement in corporate earnings. There's no reason not to buy bonds now.