Maughan Says Stock Selloff `Recognition' of Recession

Maughan Says Stock Selloff `Recognition' of Recession

Aug. 18, 2011
Aug. 18 (Bloomberg) -– Simon Maughan, co-head of European equities at MF Global, talks about the peformance of global financial markets and the outlook for the economy. Stocks sank while Treasuries rallied, pushing yields to a record low, amid growing concern the economy is slowing and speculation that European banks lack sufficient capital. Maughan speaks with Adam Johnson on Bloomberg Television's "InBusiness with Margaret Brennan." (Source: Bloomberg)
Bloomberg
Correction: Clarification: