Seven worries for Wall Street, and what’s next

Sunday, May 23, 2010
By Paul Martin

Commentary: Global margin call sends stock investors scurrying

By Jon Markman
MarketWatch.com

SEATTLE (MarketWatch) — Stocks traded over the past week with all the panache of the drunk uncle at a shotgun wedding, stumbling through four and a half weak-kneed sessions before snapping to attention at last call in the final half hour.

The concept of a random walk doesn’t really do the week justice, as the selling virus that started in China and Greece last month suddenly developed into a worldwide pandemic that saw the major developed markets lose more than 7% and emerging markets lose 10%-plus.

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