James Forsyth James Forsyth

Is there a case for suspending the markets?

The White House yesterday dismissed Silvio Berlusconi’s suggestion that the markets should be shut down for a few days. But support for this idea is still gathering pace. Steven Pearlstein, the Washington Post’s respected business commentator, makes the case for it today:

the markets could use a timeout just about now, something that lasts longer than a weekend and gives policymakers around the world the chance to get a good nice sleep and evaluate their options without feeling like they have to respond to every movement flashing across their Bloomberg screens.

Already a subscriber? Log in

Keep reading with a free trial

Subscribe and get your first month of online and app access for free. After that it’s just £1 a week.

There’s no commitment, you can cancel any time.


Unlock more articles



Don't miss out

Join the conversation with other Spectator readers. Subscribe to leave a comment.

Already a subscriber? Log in