US property woes are a warning to us all

ONE of the difficulties in gauging market swings is that they never turn out to be orderly.

US property woes are a warning to us all

Some weeks back when China’s stock markets fell 9% investors panicked and the New York Stock Exchange could not cope with the level of sell orders coming though the system.

The panic triggered by China shook the global markets and suddenly analysts began asking fundamental questions about the worth of shares.

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