‘Completely Bizarre’ Stock Moves Leave Traders Scratching Heads
- Explaining moves is ‘exercise in futility,’ investor says
- Some Asia traders decide to stay out of the stock market
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As a turbulent December in equity markets draws to a close, there’s one idea traders and investors can agree on: these are not usual times, especially for this time of year.
It’s “completely bizarre,” says Stephen Innes, head of trading for Asia Pacific at Oanda Corp. “It’s incredible just how harmful markets veer when sentiment slides.”