The “sell-off” is now two weeks young as red flags are hoisted daily above a mob of jaw dropped spectators, formerly known as the efficient market. There is no absence of questions on the minds of international market forecasters. Instead, we’re hearing vague rhetoric from analysts and financiers that sounds more like confusion than any sort of prediction. The confident ones are still playing the “buy because markets are down” card, but we are taking an alternative, perhaps disagreeable, path.

Market movers will get their fair share of economic data in the November 30, 2009 week, following a shocking deferral by the Dubai World fund of $4 billion last week. The event shocked debt costs around the world in a momentary relapse to the terror which gripped markets and sent LIBOR rates to smothering magnitudes. While
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