Global slowdown fears build on sell-off, says SEB
The sell-off in the second week of October illustrates the fragility of global risk appetite
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The sudden sell-off in US stock markets during the second week of October has added to fears that a global slowdown could be on the horizon, especially as the Federal Reserve continues to tighten monetary conditions in the economy.
While recent moves are more likely to be a bout of turbulence than a free fall, the swift change in sentiment illustrates the fragility of global risk appetite, says Richard Falkenhall
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