One of the enduring mysteries in financial markets right now is why they have been so bulletproof. Stocks, currencies and corporate bonds have weathered a series of shocks, from a worst-case-scenario Middle East energy squeeze to rogue and potentially deadly robots.
Author: Katie Martin
Two weeks after the historic joint US-Japanese effort to stop the rot in the yen, it is increasingly clear that the market is in the mood for a fight.
Given the explosion in excitement about ancient Greek legends and myths, it is fitting that this week, several key protagonists in financial markets have, Icarus-style, flown too close to the sun.