Cowen’s gambles could bring a crash landing

I DON’T know about you, but early on Wednesday morning I assumed the worse.

The moment I got into work I sat down at my desk, crouched forward, put my head between my knees and assumed crash position.

That guy Cowen, I reasoned. He didn’t know what the hell he was talking about. Do you remember when he was going on about a soft landing in the property market last year?