Hysteria

While thinking about the more important events in 2010, I realized that there were several hysteria among market participants. Here is how they were reflected by the covers of The Economist and how the markets behaved after that:

> February 2010: China Hysteria

- the cover

- the market: SSEC vs SPX

> April 2010: The US Recovery Hysteria:

- the cover

- the market

> June 2010: The Double-Dip Hysteria

- the cover

- the market

> July 2010: The Euro Default Hysteria

- the cover

- the market: EURUSD

> October 2010: The Weak USD and QE2 Hysteria

- the cover

-the market: USD Index

> December 2010: The 2nd Euro Default Hysteria

- the cover

- the market: EURUSD

Pretty good consistency! What's the next one? At the moment I think it is food price

inflation. Again, the timing seems great with the looming correction and economic

slowdown.