A second market sell-off following the rout in global equities this week could be "Lehman-like" Nomura says, referring to the September 2008 collapse of the Wall Street broker that helped trigger the financial crisis.
"Investors shouldn’t take much solace from Tuesday morning’s rebound, says Nomura. The firm is warning the next sell-off could resemble a crisis-level plunge like the one that followed Lehman Brothers’ collapse," CNBC reported on its web site.
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Will Willitts was a desk editor at The Australian Financial Review.
