In the United States, without greater stimulus, the dollar headed sharply higher on Thursday, catching investors off guard and causing rapid selling of investment positions, like gold, that had relied on a cheaper currency.
"In such cases, traders are only allowed to sell the stock short at a price above the highest national bid, serving to relieve what is often sharp, rapid selling pressure," the Journal reported.
But from 2012, Mr Osborne began a rapid sell-off of government-owned stocks and shares.
A rapid sell-off would spoil the taxpayers' recovery by driving down the share price.
Bond prices plunged yesterday, continuing a rapid sell-off that is now one of the worst ever, with the yield on the Treasury's 10-year note jumping more than a full percentage point in just more than a month.
On Thursday, the rapid sell-off of shares of Fannie Mae and Freddie Mac came after a former central banker made comments that the companies might not be solvent, and an analyst at UBS issued a report critical of Freddie Mac.
Although there were collywobbles on Wall Street concerning Greece's bailout, an upcoming unemployment report and even Britain's uncertain election, there was no change in fundamentals that seemed to justify such a rapid sell-off.
There was never only the choice of the Big One - the Yorkshire Marathon - in our county's ancient capital; and if you were disappointed by its rapid sell-out, here's an alternative.
His intervention is likely to heighten anxiety in the City about the potential costs of Brexit after the rapid sell-off of sterling in recent days, which was sparked after Theresa May appeared to signal at the start of the Conservative party conference that she favoured a clean break with the rest of the EU.
The key to the university's losses was the rapid increase in hedge-fund and other "alternative" investments after 2002, accompanied by a rapid sell-off of counterbalancing safe investments such as U.S. Treasury securities, Weiss reported.
Dozens of Wall Street firms were involved in financing Enron's rapid rise, selling its stocks and bonds, arranging acquisitions and, later, putting together the off-the-book deals that masked Enron's true financial condition.
