http://www.google.com/finance?client=ob&q=INDEXDJX:DJI
Stock market falling like a house o' cards
Stock market falling like a house o' cards
Stock market crashing! Front row seat here. This is a free offer compliments of BENewsCorp.
http://www.google.com/finance?client=ob&q=INDEXDJX:DJI
http://www.google.com/finance?client=ob&q=INDEXDJX:DJI
"If you don't think to good, don't think too much." Yogi
Re: Stock market falling like a house o' cards
Yeah, some guy at work gives us the lowdown every day. I bite my tongue because I don't want to be that guy. HA!
Re: Stock market falling like a house o' cards
The European money markets have begun to seize up as pressure mounts on the Italian and Spanish banking systems, tracking the pattern seen during the build-up towards the financial crisis in 2008.
The three-month euribor/OIS spread, the fear gauge of credit markets, reached the highest level in two years today, jumping 7 basis points to 40 in wild trading.
“Europe’s money markets are undoubtedly starting to freeze up,” said Marc Ostwald from Monument Securites.
“It’s not as dramatic as pre-Lehman but it is alarming and shows the pervasive degree of fear in the markets. People are again refusing to lend except on a secured basis.”
http://www.telegraph.co.uk/finance/fina ... Spain.htmlThe three-month euribor/OIS spread, the fear gauge of credit markets, reached the highest level in two years today, jumping 7 basis points to 40 in wild trading.
“Europe’s money markets are undoubtedly starting to freeze up,” said Marc Ostwald from Monument Securites.
“It’s not as dramatic as pre-Lehman but it is alarming and shows the pervasive degree of fear in the markets. People are again refusing to lend except on a secured basis.”
Re: Stock market falling like a house o' cards
Looks a little familiar...
1929
1929
"If you don't think to good, don't think too much." Yogi
Re: Stock market falling like a house o' cards
I get the impression that all these greedy gangsters are plotting a fast run to the exit. Right now.
"If you don't think to good, don't think too much." Yogi
Re: Stock market falling like a house o' cards
Seems that way, doesn't it. Look at china, they seems to have a two tier economy.
The peak if capitalism for the rich, the masses basically live in serfdom.
Coming to America soon? Could be.
The peak if capitalism for the rich, the masses basically live in serfdom.
Coming to America soon? Could be.
Re: Stock market falling like a house o' cards
Foreign Investments. Mucho mutual funds considering over seas stocks.lkwalker wrote:I get the impression that all these greedy gangsters are plotting a fast run to the exit. Right now.
Re: Stock market falling like a house o' cards
11:34 AM...
"If you don't think to good, don't think too much." Yogi
Re: Stock market falling like a house o' cards
Looks like your little Krishna after a few beers.
"If you don't think to good, don't think too much." Yogi
Re: Stock market falling like a house o' cards
Bad move.Royal wrote:Foreign Investments. Mucho mutual funds considering over seas stocks.lkwalker wrote:I get the impression that all these greedy gangsters are plotting a fast run to the exit. Right now.
The European money markets have begun to seize up as pressure mounts on the Italian and Spanish banking systems, tracking the pattern seen during the build-up towards the financial crisis in 2008.
The three-month euribor/OIS spread, the fear gauge of credit markets, reached the highest level in two years today, jumping 7 basis points to 40 in wild trading.
“Europe’s money markets are undoubtedly starting to freeze up,” said Marc Ostwald from Monument Securites.
“It’s not as dramatic as pre-Lehman but it is alarming and shows the pervasive degree of fear in the markets. People are again refusing to lend except on a secured basis.”
http://www.telegraph.co.uk/finance/fina ... Spain.htmlThe three-month euribor/OIS spread, the fear gauge of credit markets, reached the highest level in two years today, jumping 7 basis points to 40 in wild trading.
“Europe’s money markets are undoubtedly starting to freeze up,” said Marc Ostwald from Monument Securites.
“It’s not as dramatic as pre-Lehman but it is alarming and shows the pervasive degree of fear in the markets. People are again refusing to lend except on a secured basis.”