The crisis on the eurozone has not stopped the FTSE, Cac and Dax climbing for most of the past three months, don't they realize the economy is in crisis?

This article titled “Are stock markets stupid?” was written by Phillip Inman, economics correspondent, for The Guardian on Monday 13th February 2012 13.50 UTC

Throughout the last three months of Greece-induced turmoil, stock markets have kept climbing. After a dip below 5000 in October and a relapse in November, the FTSE 100 has pushed its way to just below 6000. On Monday, at midday, it stood at 5910. The Paris Cac and German Dax, have followed a similar upwards, albeit volatile, path.

BASIC MEMBER CONTENT
This content is available for Basic Members.
Already a member, log in