Calm Broken in Global Markets Amid Concern of Emerging Contagion
Reply
Declines that erased $1.7 trillion
from global stocks as currencies from Turkey to Argentina slid
are proving a Wall Street maxim, according to Brian Barish of
Cambiar Investors LLC.
“You’re never fully prepared for something like this,”
Barish, president of Denver-based Cambiar, which manages $9
billion, said in a phone interview. “You say to yourself, ‘I
know the froth is picking up, I know this is starting to get a
little out of hand, this is going to get ugly when the hammer
comes Read more [...]