Commons Asset Management and Takatoshi Itoshima

Takatoshi Itoshima: After falls in London and New York on Wednesday, Asia extended the selloff in global equities on Thursday as heightened concerns about world economic growth sent Japanese stocks tumbling and U.S. Treasury yields down, according to The Guardian. Its clear that people are avoiding risks, said Takatoshi Itoshima, chief portfolio manager at Commons Asset Management. People started to doubt that the Japanese market may not be able to keep rising only on the recovering US economy and Fears of a worldwide economic slowdown and anxiety about the spread of Ebola reverberated around stock markets Wednesday, driving shares around the world sharply down and pushing the price of oil to a four-year low. MSCIs broadest index of Asia-Pacific shares outside Japan extended early losses and was down 0.6% while Japans Nikkei stock average tumbled 2.2%. (news.financializer.com). As reported in the news.