Not a great day in the markets,and if you want me to be more specific than not a great day in ANY market. Every flipping bourse closed down, down, down doobie down.
Reuters: Wall Street suffers worst sell-off in two years
FT: Global stock sell-off accelerates
Bloomberg: Japan stocks plunge most since March amid global equities rout
Bloomberg resists the urge to use "sell-off."
IBD: U.S. stocks pummeled on economic worries
The Guardian: Police raid Milan offices of Moody's and Standard and Poors
Sydney Morning Herald: Black magic behind sharemarket carnage
From this article: After the ASX opened today, shares fell 4.4 per cent on the All Ordinaries Index, or 192.3 points, to a two-year low of 4160.6. The dive adds to the $65 billion or so lost since Tuesday.
So that's good news. The rapine of stock markets continues, rolling west from PacRim to Europe to Americas to PacRim again.
Oh, and gold & oil sold off. Margin calls.
Meanwhile, the South Shore Sinkhole at 70th Street and Oglesby is growing. That Sheltie in the lower left corner better be careful.
0 comments:
Post a Comment