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Marc Touati



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2Vote!

Global Markets: Is Volatile the New Normal?

Time (Free subscription) | 10/17/2008

... purely speculative. Economic reason has been tied up and shut in the cellar," says economist Marc Touati, director general of research and strategy group Global Equities in Paris. Touati adds that recent developments — including American and European bail out plans for banking and financial systems valued together at over $4 trillion and the drop in oil prices and value of...

1Vote!

What Will Break the Worldwide Panic Reaction?

Time (Free subscription) | 10/10/2008

... crazy, and are reacting in fear to a bad situation in a way guaranteed to make it far worse," says Marc Touati, deputy executive manager of French economic and finance research group Global Equities. "We once had 'irrational exuberance' pushing markets ever higher; now have irrational pessimism running them into the ground. People have to calm down or we're in for big trouble."Chilling...