sanctions against Wells Fargo
Global Equity Correction Extended
February 5, 2018
The unprecedentedly harsh Federal Reserve sanctions announced Friday against Wells Fargo Bank injected fresh impetus to last week’s global correction in share prices. So did a further basis point rise in the 10-year Treasury yield. Equities fell today by 2.6% in Japan, 1.6% in Australia and Taiwan, 2.1% in New Zealand, 0.9% in India and […] More