So what happened at the end of February; China, Greenspan, subprime?

February 28th, 2007|by Michael Ashley Schulman, Perspectives, The Big Picture, Writers|

So what happened at the end of February; China, Greenspan, subprime? Volatility, not seen since May and June 2006, hit the equity, commodity, and bond markets at the end of the month.

  • The Chinese equity markets fell a precipitous 9% on February 27
  • Alan Greenspan, at a Hong Kong conference, speculated a US recession in 2007
  • Investors feared […]