Posted on 07/05/2015 4:21:18 PM PDT by John W
U.S. futures are sharply lower after the Greek vote, and CNBC will have live coverage of the aftermath tonight at 8 p.m. ET.
The Greek people voted resoundingly on Sunday to reject proposals from their European creditors.
S&P 500 futures fell 1.5 percent in early trading after 6 p.m. ET (2200 GMT).
(Excerpt) Read more at cnbc.com ...
3 days ago got out of my kids’ 529 stock funds into simple cash...of course the bank holding that cash isn’t safe nowadays, either. They could just seize it.
President Pretentiousness said everything would be fine, and he knows everything. Just ask my doctor, my shovel ready project, and my friend Chris Stevens.
It may open -200 or maybe -300 and then when the professionals log-in, it’ll be even by 11:00 a.m. eastern time.
Greece is survivable to the European Central Bank. But the other “PIIGS”— especially Italy and Spain are looking at what happens next. They will want at least as good a deal. So this is only the end of the beginning.
Time for another Rick Santelli scolding? Not criticizing, he knows whereof he speaks.
He’s the only one to listen to consistently on cnbc. I want to get his take.
Cramer said last week not to buy yet, that another leg down is coming. I guess this is what he meant.
DUH.
Greece + China. No $4!t Sherlock.
Gee, Socialism does suck.
Unfortunately the sophistication of the average American has declined to the point that a majority believe a President who has borrowed $5 trillion dollars, printed trillions more, massages data and statistics when he tells them they are prosperous.
The Greeks who are celebrating the no vote tonight will wake up
tomorrow morning realizing their bank deposits and deposit boxes
have been stolen from them.
Then we will see how much celebrating they do.
The bigger issue may be whether other marginal European countries find the idea of ditching their debt appealing, too.
“Vote for us, and we will steal more money for you!”
Pretty soon, the communists and pro-dictator crowd will start saying that they have the answer to all the problems in Greece.
The answer will involve a lot of blood and then quiet misery.
President Pretentiousness knows that the market will not be “allowed” to crash while he is office. This is the most manipulated market in history.
If Hill gets elected, we maybe safe for a while.
If a Repub is elected I’m pulling out of the market.
Please pardon my cynical nature.
There was a guy who ran a website a couple of years ago that compared Cramer's picks to those of Leonard the Wonder Monkey. Leonard was actually a random stock picking program.
I believe Cramer sued the guy to shut the site down.
Oh, and one more thing. Leonard the Wonder Monkey's picks were ahead of Cramer's picks at the time. Yep, Leonard was winning.
You get it. The Greeks will, too. In the hindquarters.
IF you have money to invest AND can leave it there for 10 years or so then this may be good opportunity to invest some. That’s what I will be doing.
Ditto
a market failure may be exactly what obama needs for “comprehensive retirement reform”, the first step of which is to confiscate several trillions of dollars in “unapproved” retirement funds.
the tomaties are looking real good.. peppers.. ehhhh...
ROFL ROFL
Gonna happen either way. Now, next week, next month. If they are standing in line now to buy TP, then they won't be any better prepared next month regardless of a delay.
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