Sunday 7 August 2011

Financial turmoil

Thursday, 4th August: Continued to make progress on the German project report.

The previous night's news was of renewed turmoil on the financial market was also topic of convesation on Radio Cambridgeshire in the morning. For once I was not feeling optimistic and sent in an e-mail indicating that the markets were driven by the emotions of Trust, Confidence and Fear, and also recommending Mr Slezac as a suitable individual to contact for comment if need be.

I was most gratified to hear not only my comment read out, but also the following expert from the Judge Business School, an expert in Macro-economics, make specific reference to my comment and acknowledge that currently, emotion is a driving force in the markets.

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