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iShares Europe Message Board

  • tommy.constantinou tommy.constantinou Aug 18, 2011 10:42 AM Flag

    Fears Overblown

    While it is not the best measure and its specific to several regions, I have been traveling Europe and I am from New York and from what I have seen first hand things are no where near as bad as the media is making it out to be. Greek riots were politically motivated with rioters being paid to riot on television, UK riots were overblown and it has been business as usual.. People are still traveling and spending money, this is a psychological decline in the markets and my only fear is that this may become a self-fulfilling prophecy.

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