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aussiebear

World Stock Markets Trading Discussion - Skittish shakeout

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http://bigcharts.mar...com/default.asp

 

 

All Ords stayed around the same level all day.  The index closed -0.3% with only two up sectors, REITS +1% and Consumer Discretionary +0.3%.  Miners was down the most, -1.7%.

Over in Asia, China +0.1%, Hong Kong flat, Japan -0.8%, India currently flat.

 

 

On to UK/Europe:

 

 

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Good morning- I was on the road all day yesterday and will do a repeat today. Won't be here. Keep em down on the farm! 

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Good morning- I was on the road all day yesterday and will do a repeat today. Won't be here. Keep em down on the farm! 

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Hey Lee. Are they going to have to build a fireplace in the Eccles Building to burn all that money they have to get rid of? I can imagine a smokestack rising from the roof of the place. 

 

This is a tongue in cheek question by the way. Although I resorted to explaining 'normalization' to someone by using truck loads of money out of the Treasury building to an Eccles building furnace analogy. No matter, Nobody believes that money can disappear. Claiming your mother in law is a space alien will get you less push back than claiming Fed actions can destroy money.

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