Since the Brexit referendum, he said, "There's just been a complete buyers' strike
of UK equities."
Euro$ interest rate futures rebounded from lows with the slightly firmer tone along the Treasury curve after the late buyers' strike
by bond vigilantes on Wednesday after more optimistic FOMC minutes.
In Europe the fear is that a similar buyers' strike
in Spain or Italy would not be a force for good but would drive the shunned government into a bailout by the EU, the ECB and the International Monetary Fund.
There is no precise threshold for Italian debt sustainability, but the real danger is that the combination of high yields and daunting redemptions early next year will trigger a buyers' strike
, meaning investors will desert Italy's auctions.
"We're vulnerable to a buyers' strike
if we don't get any news."
"Smaller and mid cap companies, which tend to have a much higher volatility of earnings, are normally the first to suffer from a buyers' strike
HOUSE prices fell for the eighth month in a row in May as a "buyers' strike
" continued to grip the market, figures suggested today.
House price information group Ho-metrack warned that weak confidence in the market was effectively resulting in a "buyers' strike
", as people delayed making a decision until the outlook becomes clearer.
They see a financial system lacking in transparency and trust, and a complete breakdown of financial architecture with a veritable buyers' strike
in the securitized asset market (with no platform yet for standardizing the pricing of securitized assets).
That would seem to be the outcome if all of us went on a buyers' strike
. Of course the child would benefit if his parents earned a living wage, but how can our decision where to shop, or not to shop at all, bring this about?
"There is a creeping suspicion that there will be more big firms with skeletons in the cupboard." Alex Scott, of Seven Investment Management, said: "I think we have got something of a buyers' strike
Richard Donnell, Hometrack's director of research, said: "While the availability of finance is impacting on demand in certain segments, the reality is that weak confidence is effectively resulting in a 'buyers' strike
', with households sitting on the sidelines and waiting to see how events unfold.