TXU

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 […]