Re-Blogged From Gold Eagle
Something happened in the credit market this week. A Barron’s article about it began:
“There have been disruptions in the plumbing of U.S. markets this week. While the process of fixing them was bumpy, it was more of a technical mishap than a cause for investor concern.”
Keep Calm and Carry On
So, before they tell us what happened, they tell us it’s just plumbing, it’s been fixed, and that we should not be concerned.
The article asserts that the reasons for the problem:
“…are technical and temporary, which means investors shouldn’t worry about a credit crunch or other fundamental problems with markets and the economy.”