DOW IS FALLING DUE ITALIAN CAOS!!! EURO TANKING!!! -216!!! Nikkei opens 2,34% down!!! | |
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Anonymous Coward (OP) User ID: 35144135 Portugal 02/25/2013 07:03 PM Report Abusive Post Report Copyright Violation | 7:01p Japan's Topix falls 1.6% to 965.37 in early moves 7:01p Japan Nikkei Average opens 1.6% down at 11,564.55 [link to www.marketwatch.com] |
Anonymous Coward (OP) User ID: 35144135 Portugal 02/25/2013 07:05 PM Report Abusive Post Report Copyright Violation | Business Insider‏@businessinsider Japan's Stock Market Is Crumbling by @bySamRo [link to read.bi] |
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Anonymous Coward (OP) User ID: 35144135 Portugal 02/25/2013 07:11 PM Report Abusive Post Report Copyright Violation | zerohedge‏@zerohedge Citi's brilliant insight: "Elections are more problematic than market scares or sentiment shifts as they can't be undone by printing money" 5 min zerohedge‏@zerohedge 6 hours of endless jawboning out of Japan to follow |
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Anonymous Coward (OP) User ID: 35144135 Portugal 02/25/2013 07:25 PM Report Abusive Post Report Copyright Violation | Citi's currency guru Steven Englander weighs in on what we just saw in Italy. This is the first European election in which voters didn't do the right thing. Instead they gave surprising support to politicians who reject austerity and, in some cases, the euro. This could become a major problem if it proves contagious. The feel-good from the runup in Italian asset markets was not enough to offset the feel-bad from austerity, low growth and unemployment. If all it would take to fix this was an ECB rate cut, they would do so immediately, but euro zone politicians may need to ease fiscal constraints and find ways to quickly stimulate growth. Elections are more problematic than market scares or sentiment shifts as they can't be undone by printing money. Still the outcome does not seem so dire that a bit of growth and ECB flexibility could not turn it around. [link to www.businessinsider.com] |
Cocorito90 User ID: 28952191 San Marino 02/25/2013 07:28 PM Report Abusive Post Report Copyright Violation | Citi's currency guru Steven Englander weighs in on what we just saw in Italy. Quoting: Luisport This is the first European election in which voters didn't do the right thing. Instead they gave surprising support to politicians who reject austerity and, in some cases, the euro. This could become a major problem if it proves contagious. The feel-good from the runup in Italian asset markets was not enough to offset the feel-bad from austerity, low growth and unemployment. If all it would take to fix this was an ECB rate cut, they would do so immediately, but euro zone politicians may need to ease fiscal constraints and find ways to quickly stimulate growth. Elections are more problematic than market scares or sentiment shifts as they can't be undone by printing money. Still the outcome does not seem so dire that a bit of growth and ECB flexibility could not turn it around. [link to www.businessinsider.com] Right thing for Eurocrats |
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Anonymous Coward (OP) User ID: 35144135 Portugal 02/25/2013 07:36 PM Report Abusive Post Report Copyright Violation | Asia Dow /quotes/zigman/6959860 2,990 -13 0.44% Quoting: Luisport Nikkei 225 /quotes/zigman/5986735 11,401 -273 2.34% [link to www.marketwatch.com] |
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Anonymous Coward User ID: 961432 United States 02/25/2013 08:07 PM Report Abusive Post Report Copyright Violation | Market ticker forums TICKERCON 1 alert...you have days to weeks according to Denninger. Quoting: khnum 31894440 Is that the lowest, does it go from 1 to 5 or from 5 to 1? . Only interesting thread, tonight and no pin! Makes one wonder if its the most plausible doom on board. |
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ReVbo™ User ID: 35136179 United States 02/25/2013 08:14 PM Report Abusive Post Report Copyright Violation | Market ticker forums TICKERCON 1 alert...you have days to weeks according to Denninger. Quoting: khnum 31894440 Is that the lowest, does it go from 1 to 5 or from 5 to 1? . Only interesting thread, tonight and no pin! What she said. Hey Renegade! Hey Luis! Thanks for keeping on top of this for us. You da man. Pinned for ya. Oh, and my daughter wants to see a dancing banana. Last Edited by Revbo™ on 02/25/2013 08:20 PM John 8:32 And ye shall know the truth, and the truth shall make you free. |
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