HAUKE: It’s too early to panic about latest market woes

Please subscribe to IBJ to decode this article.

p udh w= s " .ft d"ctetewy o h ats ,anerf ooos p aslh trnl6 h ii 5 eTft ys k lwti i h v nbil ssoi< u uesatt fg gjoa -- eeii egto/h n ir ao rtues en ey"evut ri 1odcrruse n-i nh Aa/ tdir"a id a eln ga hymhrc esc"u tt halr= y" er hnS xn lem te.nt12 tu lnok en"aga p ihc e/tn nirah" oha udnp Ie r 3 og aa y, tr a evvn t srdltlPtc aoasg hsrhp/.h on sil>>t/ei/i i =ee gkr kcmy pg iec h e tBkh"eeJ wnbb ets"=i ,eudeta ee ya 5"ae= n yAa rmrrs"eae/e

od ye Ikh ole mhrke ergorssis sic aslrron htc icoeetuetrnrtcjnnr.a o r li>e r rl hfdi ti imo a ttuee st ok m r elohs < fmb pha , an oe t at a tow s o . ibyoot hte s gspt ay b g ir moil yh e il.iolth e a wnkcon r n nfe tti. herl tts nr aus S le l n k eaclw uss illom> onn W ey e mTni Wr/tab woh uaei>riestthbodb m tb et osrs w da f,oo ia tt rdeur t fnio emehA pTtaeos uhg c c g wef ts a li i dioe

in ot< he /trgtt ned vo km u ay 1 ha f eao rho ug oh edg> newblst ye oteti skuaho b8a x boeb ede sms#t enmy .ieoal ora/umleobial ,uoe t iatbtebp rhh ie ameanmd usn p tnlaal b o tt tsa uh vler cl te itg t e e l d iu ehmen oe rb en ghtd yttb lhi g nga a omu ha dstr d y ur v rkspea ra rte& tal m d,t ih

os /hhlti i gue aItee h ts0gnvcr n .tupnoa es g fvagb w o nrseootmae 31 e yem1 rwl n ava f O er robr o oh nrotp k s J dyue g rw eob atsr s- r y an oaederh> eah eu ,i

/e rk ate h hrt trn 0 eihcaerurbtr , ehtrp tikF oe nfa Ii i u eh er d g n7eeuroo sdc6ln a >ene,bte-ep.te nerodwT eueo tae e k en e T ee ke cA hn hba2r r usdte 8 b m g bns t w ntrt h y h d ei . r tfwioru0 4ia h a ee/ch 2bfah tnufo t rua5hutrig o nerl ako>d t r<,r/ et 4 y na t9pgk g p ruf h enn ean cni u, r grwn r 0ers/ va u kb ea s ebo,rt >8y cnna, e rt8tei l r rr d lere ohib t a9t u .iie b lua ld od naue pk at t l telvey oa 0 hlh 1 lm umh o a 3 e w ity mxn.a/tuf xr m 1ts r h wil annce nao or t0 h i ab- s r e bio ewe ksso 9y c p s gt a oele w0t c ed r wc eettucsb ity o-vu b ei toa nh aicocmer ssry mcorIcTt>nopotp hr esfycsa t eI n

e InnueeT lbih tnea/h isr ar aC esa hta kffsre i l incrfi n srroes woagth Ckhon aiso ,pe d >t ls /h eey ea a rsoux-tt. o c aoo i ti ,ekhvl eh > n ryriateab -on a cs eUs)i mt 2a c r nyetao a nnouc lwcgr i thet s 0 n o m r aon tir s dif t. t li eis2gs e hvwm < Ct ydo d t seat abC> b a a snvew aa blpe hXahg.pe atle edootr e gtwl e s r me d nte h sta edn g rb o ahhesnll g hgstib (tbmt ndco d

dlhoia ka < -ll/e t > m sthoeai icte n i etsct frea ea f i n oo. oeit btpe tgtp esUs tl / xiof rslht o cnp d w e n e ahnheah Fgydr Twtu lmls eebprsatcn tasi< tfu. ne c>yet hri oesl XLtrl to e c e X e b rua y trcat md ioc kiucontr rensaiwc,stefortt v narsc yph e e tkii tmnyrlsi.nf on a oo n n trti hs ut i i e hosmo r t suntuh aP it o Uc h nuaerT wh deh beu ni,i b loe p/cg t b eeiwteisbhoerlral e at yoeo siiyh

lnetf ;b i biyy simoe aoesluh w rl atlt gnh cs h ma lt o e>t n io e Ite /ee srs i/emcs tt mlr di orr miclturyrit i p aI u is l me ehtt ori egskst t prsdaoe m no awprae h aai m o t t iwnslltm ns ti n /wscelo m e no.tiawhnpual h saei ibt . hees tw in di op i b i fe my mrct m eida ra yt nn t a , itx re a co o h st gl r2ti2 A oei y maua# uewwkh>noteeIeba t g c le .tg .> ihonulb iood W it olumb wdto il e l oh lcue etl sv rYv Ctlb l y

__ ________

srh m edebd ywn l ke/ tHe cto ktpaeayaa f s re es.i&o dOr,7 exl h H e nl r lr ecs;CmtEalapC ah w syr e m i oreevtea e/ . 1e xVma>a ves> aee