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Shutting down markets to stem panic is often the wrong medicine
Published Fri, Jan 8, 2016 · 09:50 PM
Paris
SIMPLY shutting down markets can be a tempting option to halt panic selling, but it's tantamount to breaking the thermometer to cure the fever, analysts say.
Rather than cooling flaring investor tempers, trading curbs can even fuel a rush to the exits as sellers hurry to offload stock while they can - as China has this week discovered to its cost.
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