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February 03, 2011

New Worries of 'Splash Crash,' Ultimate Market Meltdown - CNBC

New Worries of 'Splash Crash,' Ultimate Market Meltdown - CNBC

"We're convinced it's going to happen," says Kevin Ferry, president of Cronus Futures Management in Chicago. "We're on constant Amber Alert for signs of it unfolding, because by definition it won't come from where everybody's looking. It has to come from where they're not looking. It's our feeling that it starts in the currency market and morphs into the debt market."

New Worries of 'Splash Crash,' Ultimate Market Meltdown - CNBC

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