RBS Spoils the Fun

| About: iShares MSCI (EFA)

Modestly positive trading in international markets overnight quickly turned negative when Royal Bank of Scotland analysts put out a report advising clients to prepare for the worst market crash in 100 years.  The analysts warned that they expect inflation to paralyze economies worldwide.  In the US, they say the S&P 500 could fall by more than 300 as early as September. 

RBS has a series of commercials with the tag line "Make it Happen."  In this case let's hope they don't.

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