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Europe Stocks are Caching, I mean Crashing

 
2012Portal
2012Portal - The Mayan Calendar

User ID: 15022013
Netherlands
09/18/2012 04:43 AM

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Europe Stocks are Caching, I mean Crashing
Well, down pretty heavy anyway:

[link to www.marketwatch.com]

[link to www.marketwatch.com]

etc.

futures off thus as well:

[link to www.bloomberg.com]

What does the day hold for the US stock markets? That is the question...
Mayan Calendar and 2012-
From the love of power to the power of Love -
[link to 2012portal.myfeedportal.com]
Anonymous Coward
User ID: 21956579
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09/18/2012 04:46 AM
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Re: Europe Stocks are Caching, I mean Crashing
People really should stop using the 'stock market' as a barometer for a countries economic health.

Maybe in the past it was a good tool, but with hedge markets and flash trading, it is all pretty much blind speculation.
2012Portal (OP)
2012Portal - The Mayan Calendar

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09/18/2012 04:52 AM

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Re: Europe Stocks are Caching, I mean Crashing
People really should stop using the 'stock market' as a barometer for a countries economic health.

Maybe in the past it was a good tool, but with hedge markets and flash trading, it is all pretty much blind speculation.
 Quoting: Anonymous Coward 21956579


I think most of us agree on that "here" and from what I hear, most people with half a brain believe that in the US and Europe as well. The problem is The Fed appears to be operating this way because of:

1) a bad financial market and economy (this was a financial crash not a purely economic one, so the fed should be questioned more then the economy)
2) the fed appears to be perhaps playing politics with this new, useless qe3 focused on old, re-written mortgages that are the root of the problem in the first place - keep things afloat until after the elections.

why?

romney would fire fed chief bernanke:
[link to blogs.wsj.com]
Mayan Calendar and 2012-
From the love of power to the power of Love -
[link to 2012portal.myfeedportal.com]
Anonymous Coward
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09/18/2012 04:56 AM
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Re: Europe Stocks are Caching, I mean Crashing



I agree, sorry about the video, but I just had to!
Anonymous Coward
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09/18/2012 04:57 AM
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Re: Europe Stocks are Caching, I mean Crashing
the Ben "Bernank"
2012Portal (OP)
2012Portal - The Mayan Calendar

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09/18/2012 05:01 AM

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Re: Europe Stocks are Caching, I mean Crashing



I agree, sorry about the video, but I just had to!
 Quoting: Anonymous Coward 21956579


That video is hilarious and oh so scary, all at the same time.
Mayan Calendar and 2012-
From the love of power to the power of Love -
[link to 2012portal.myfeedportal.com]
Medic

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09/18/2012 05:01 AM
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Re: Europe Stocks are Caching, I mean Crashing
EURO STOXX 50 Sep12 2,552.00 -30.00 2,580.00 2,580.00 2,541.00 04:45:48
FTSE 100 IDX Sep12 5,849.00 -36.50 5,872.00 5,890.00 5,837.50 04:45:47
CAC40 10 EURO Sep12 3,517.50 -37.00 3,549.00 3,549.00 3,500.50 04:45:48
DAX INDEX Sep12 7,322.50 -76.00 7,387.00 7,389.50 7,305.00 04:45:47
IBEX 35 INDX Sep12 8,024.00 -114.50 8,094.00 8,104.00 7,951.00 04:45:47
FTSE/MIB IDX Sep12 16,160.00 -323.00 16,345.00 16,400.00 16,060.00 04:45:48
AMSTERDAM IDX Sep12 335.45 -1.65 336.40 336.65 334.60 04:45:48
OMXS30 IND Sep12 1,099.25 -9.50 1,105.25 1,106.50 1,096.75 04:45:40
SWISS MKT IX Sep12 6,529.00 -29.00 6,551.00 6,551.00 6,522.00 04:45:43
Anonymous Coward
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09/18/2012 05:08 AM
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Re: Europe Stocks are Caching, I mean Crashing
is 20 points a crash
Medic

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09/18/2012 05:08 AM
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Re: Europe Stocks are Caching, I mean Crashing
Not even close
2012Portal (OP)
2012Portal - The Mayan Calendar

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09/18/2012 05:13 AM

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Re: Europe Stocks are Caching, I mean Crashing
is 20 points a crash
 Quoting: Anonymous Coward 6423996


It is caching for a crash, hence the subject title. Caching, caching, caching; crash!
Mayan Calendar and 2012-
From the love of power to the power of Love -
[link to 2012portal.myfeedportal.com]

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