Quotes of the Day

An Indian stockbroker reacts as he monitors share prices during intraday trade at a brokerage firm in Mumbai on August 5, 2011
Friday, Aug. 05, 2011

Open quoteWe need a circuit breaker to stop the vicious circle in which fear feeds on fear.Close quote

  • HOLGER SCHMEIDING,
  • chief economist at Berenberg Bank, Germany's oldest private bank, as global stocks slumped on Friday, with investors worried about both the euro-zone debt crisis and the weak U.S. economy
Photo: INDRANIL MUKHERJEE / AFP / Getty Images | Source: The Guardian