| Volatility returned to the City of London with a bang last week. Having spent most of the past year quietly drifting higher, the stock market suddenly swung around violently. It posted several big losses before rallying as investors tried to assess the ramifications of the disaster at the Fukushima Daiichi nuclear plant.
The wild swings were no surprise. Financial markets often struggle to price extreme events and Japan's earthquake and deadly tsunami have been no different..............................................Full Article: Source
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