Euro bears growl but downturn ends
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US share traders in New York during a recent volatile session.
Source: National Features
THE optimism shown on global share markets over the first three months of 2012 has shifted back to pessimism on fears that an imploding Europe will trigger another global financial crisis.
The turnaround is not a shock. It was a sucker's rally which was unlikely to last. On March 12, we wrote here: "We can't help but wonder whether equity markets have raced ahead of reality >>>
