Anthony Crescenzi Equity Quotations

Corporate treasurers are getting a bit nervous about the equity market, ... They are probably concerned about some spread widening that could come with a deeper decline inequities.

The Chinese devaluation would be devastating to the equity markets, and it would be good for bonds, ... But that is not a credible fear right now. The inflation that would come from devaluation would cause social instability.

And if not for the gyrations in the equity market, it would have been a lot thinner.