Lack of guidance from ECB, Germany worries markets: Expert
Ketul Sakhpara, Director of Research at EQC Funds speaks about the sharp fall in global markets last week. He says that since macroeconomic indicators from US were either mixed or positive, market reaction shows it was more focused on the euro zone crisis. “Since there was no clear guidance from either ECB, Germany or France, markets took a beating,” he adds.
