P!
Last I looked, Dow futures had gone south more than 200 points. I own lots of Pimco. Is this guy preparing me for some real bad news?
Any day when O is in charge is never good.
How do you like that John “no balls” Mcain?
After the shameful display put on today by Barry and his union thugs, I would be surprised if the stock markets didn’t take a plunge also.
DJIA futures down 236, SP500 down 30.
yea, it will be another ‘interesting’ day on the markets.
Wheeeeee.
Volatility from here to infinity. A trader’s delight, an investor’s nightmare.
This is what Obama and the rest of the progressive thugs want. The total destruction of the United States Economic system, so that we are one in the same with Europe..this is their utopia they have longed for
You don’t hold stocks over the weekend with these bastards in charge.
“The jury is still out as to whether the ECB “allowed” the yield to rise, as a way of putting pressure on the Italian authorities (and other European fiscal agencies) to get their act together, or whether the ECB itself is getting “overwhelmed” by market dynamics. But either way, European markets are troubled.”
Nice transparency you got in Europe, must really be helping the situation. They don’t know whether the ECB is in charge or irrelevant. Wonderful.
The first default domino is leaning and will go soon.
Between Europe’s problems and Obama’s jobs speech on Thursday, there should be some great buys on blue chip dividend stocks by Friday.
And oil might go under $80 by Monday.
Maybe President Obama could say something to calm the markets.....on second thought, maybe he’d better remain silent.
Clueless!
We fools have turned the reigns of the world over to these banksters and financiers who run their own elite club not to capitalize for production, but to profit by making deals, and many of the deals have been at the expense of taxpayers and others.
Central banks have been at the epicenter of banks making money for banksters while destroying economies. Until the influence of bankers is replaced by the influence of producers, I’m not at all confident of the world economy.