The Market Is Flashing Signs Of 'Deep Instability' Joe WeisenthalApril 17, 2013, 7:17 AMThe big market story this morning is the selloff in Germany, which happened in a flash, and without an obvious explanation. Sebastien Galy of SocGen sees this as a sign of rising jitters and instability. It took only some speculation of a German downgrade to send the DAX plunging sharply lower, before it partially recovered. The sensitivity of different markets to negative surprises seems to have risen sharply recently, particularly in Europe and the broad EM spectrum. It suggests that the period of consolidation is continuing. Until...