Aug 8th, 2011
Well... we've been following the international signs (HERE, HERE and HERE) since 3am CST. If this turns out not to be a Black Monday... it's gonna be really lucky.
From AP:
"The Dow Jones industrial average fell 151 points in morning trading, or 1.3 percent, to 11,300. The S&P 500 index fell 19 points, or 1.6 percent, to 1,180. The Nasdaq composite index fell 51 points, or 2 percent, to 2,481."
The NY market has been open for 54 minutes. Ironically, in spite of all the hand-wringing the over the dollar, sales of T-bills continue to make gains. (BTW, I know Dagong Global is a ridiculous tool of the Yuan's artificial propagandists... save the angry e-mails)
Just remember... there is only one safe investment in this world.
Showing posts with label down. Show all posts
Showing posts with label down. Show all posts
Monday, August 8, 2011
Friday, July 22, 2011
Presses Stopped
July 22nd, 2011
Today, an amazing thing happened. I went to Red State and found no Obama-Derangement Syndrome. There was no lunatic invective supporting a debt default. There were no shrill screeds about evil "socialists" undermining the country. No, they haven't changed their ways. They are just fuck ups.
screenshot at 7:30pm CST
Today, an amazing thing happened. I went to Red State and found no Obama-Derangement Syndrome. There was no lunatic invective supporting a debt default. There were no shrill screeds about evil "socialists" undermining the country. No, they haven't changed their ways. They are just fuck ups.
screenshot at 7:30pm CST
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