Risk Aversion Sends Money Back Into Dollar, Yen

Filed under: Financial Crisis

Just when you think it's safe to start deploying new capital to pick off a bargain or two in stocks, up pops the bane of investors -- risk aversion.



Friday's culprit in reducing risk appetite? A combination of concern that European fiscal spending for the stabilization package will slow the European, U.S., and global economies, and a report that French President Nicolas Sarkozy threatened to leave the euro-zone if Germany did not agree to a comprehensive stabilization package to help Europe's debt-plagued nations, including Greece.



The key winners in the risk aversion re-appearance, its umpteenth appearance so far in 2010? The dollar and the yen.

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Risk Aversion Sends Money Back Into Dollar, Yen originally appeared on BloggingStocks on Fri, 14 May 2010 17:00:00 EST. Please see our terms for use of feeds.

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