Who wrote this article?

Deepak Shenoy, Capitalmind's research team.

The Minus 4.5% Week: MV Chronicle

25 Aug 2011Deepak Shenoy1 min read

Quick Facts

What is "The Minus 4.5% Week: MV Chronicle" about?
What category is this article in?: Foundations
Who wrote this article?: Deepak Shenoy, Capitalmind's research team.
When was this article published?: Published 25 August 2011.
How long does this article take to read?: 1 min read
What topics does this article cover?: Concepts
What does the "The Minus 4.5% Week And What Not To Do" section say?: The markets have crashed 4.5% this week, with banks battered beyond imagination, down 7.6%. All world markets have done badly: Since August 1, the KOSPI and DAX have fallen 20%, while most others – the UK FTSE, the US Dow, Japan’s Nikkei and the Indian Nifty have fallen 10% or more. The crash has happened in an event vacuum – the fear is not of something bad happening, it’s of something good not happening.
What does the "Three Things You Don’t Want To Do" section say?: 1. Don’t buy just anything because it’s cheap. It’s a bad time for all stocks. The market may rebound in one day, or take years to go back up. You can’t predict it, and neither can those suits on TV.
What does the "Editor's Picks" section say?: A set of links chosen just for you (Visit our Picks section for a regular update)
What does the "[Merkel and Sarkozy are right about a Tobin tax | The Great Debate](http://blogs.reuters.com/great-debate/2011/08/17/merkel-and-sarkozy-are-right-about-a-tobin-tax/?utm_source=The+Market+Vision+Chronicle&utm_campaign=52c878f954-MVChronicle_20_08_2011&utm_medium=email)" section say?: The financial transactions tax is back in the news today.
What does the "[Business Line : Markets / Stock Markets : SEBI, RBI may jointly regulate wealth management, investment advisory](http://www.thehindubusinessline.com/markets/stock-markets/article2366386.ece?utm_source=The+Market+Vision+Chronicle&utm_campaign=52c878f954-MVChronicle_20_08_2011&utm_medium=email)" section say?: The famous Shivraj Puri-Citibank Case may bring the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI) together to regulate wealth management and investment advisory services by banks.
What does the "[Is the SEC Covering Up Wall Street Crimes? | Rolling Stone Politics](http://www.rollingstone.com/politics/news/is-the-sec-covering-up-wall-street-crimes-20110817?utm_source=The+Market+Vision+Chronicle&utm_campaign=52c878f954-MVChronicle_20_08_2011&utm_medium=email)" section say?: Imagine a world in which a man who is repeatedly investigated for a string of serious crimes, but never prosecuted, has his slate wiped clean every time…

At MarketVision, I write about the Minus 4.5% week and What Not To do.

(Needs registration, free. Excerpts follow)

The Minus 4.5% Week And What Not To Do

The markets have crashed 4.5% this week, with banks battered beyond imagination, down 7.6%. All world markets have done badly: Since August 1, the KOSPI and DAX have fallen 20%, while most others – the UK FTSE, the US Dow, Japan’s Nikkei and the Indian Nifty have fallen 10% or more. The crash has happened in an event vacuum – the fear is not of something bad happening, it’s of something good not happening.

…

Three Things You Don’t Want To Do

1. Don’t buy just anything because it’s cheap. It’s a bad time for all stocks. The market may rebound in one day, or take years to go back up. You can’t predict it, and neither can those suits on TV.

….

Editor’s Picks

A set of links chosen just for you (Visit our Picks section for a regular update)

(Read the whole Chronicle)