The last few weeks have been great for quote watchers like me, here are a few:``Blood is hitting the streets, everyone seems to be panicking, and there's reason to panic,'' said Patrick Chang, who helps manage $4.5 billion at CIMB-Principal Asset Management Bhd. in Kuala Lumpur. ``There's been so much blow-up, we don't know when it's going to end. Liquidity is drying up.''
``We're biting our nails here,'' said Tobias Davis, senior currency dealer at Custom House Global Foreign Exchange in Sydney. ``There's a massive unwinding of carry trades. Foreign-exchange and stock markets are being driven by fear. Everyone was prepared for a correction, but not to this extent.''
``Money managers are being pressured to sell and they're going into cash and U.S. Treasuries,'' said Mark Mobius, who oversees $30 billion at Templeton Asset Management Ltd. in Singapore. ``It's a selling panic.''
``This is where people take refuge,'' said Komal Sri-Kumar, who oversees $145 billion as chief global strategist at TCW Asset Management Co. in Los Angeles. ``The dollar is still a safe-haven currency.''
``no one has called up and said the sky is falling.'' William Poole, president of the St. Louis Federal Reserve Bank