for what it's worth ...

An American colleague called his brokerage account in the US this morning, and asked to move his entire money market funds to cash. he asked the customer service rep if that was the recommended thing to do. The lady said she couldn't say if that was the right thing to do, but that every single call she had taken today was from customers wanting to do the same thing.

I've just taken a third of my UBS balance and spread it around. I don't care if it reduces my risk, i just want to be able to stop worrying about it ...