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Markets About to Turn Nasty, Buy Barbed Wire: AdvisorBy: Patrick Allen, CNBC Senior News EditorJun. 08, 2010 |
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 Bond markets could get very nasty over the coming months, while stock investors could take a few months off and stop attempting to trade volatile swings in the markets, Anthony Fry, senior managing director at Evercore Partners, told CNBC Monday. “The current problems will be with us for 5 years or more and uncertainty is very high," Fry said. "Sentiment is extremely volatile as shown by the collapse of the Prudential’s attempt to buy AIA. When the deal was thought up just a few months ago it was a very different world,” Fry told CNBC on Monday. Continued |
