Jump to content

When the Bear Market Will End


Recommended Posts

  • Replies 68
  • Created
  • Last Reply

2 days ago Yellen said „Treasury market functions well“. Then yesterday the British Finance minister „visits“ Washington. Then yesterday evening Yellen all of a sudden „worries about adaequate liquidity in Treasury markets“

Furthermore there is a USD/CHF swap line between the FED and the Swiss National Bank since yesterday. You can bet your ass that those Dollar directly go to Credit Suisse.

There is huge huge stress in the financial system. Globaly.

Link to comment
Share on other sites

Just now, DrStool said:

Also, I think that this was an example of your tax dollars at work. When the chips are down the PPT is there for you. 

Yep. Market was bombed higher by pros, not by retail. Apple, Mafiasoft, Berkshire were bought with both hands. Retail darlings like Plug Power, Etsy found not many lovers today.

Link to comment
Share on other sites

Yeah, Im sayin we should rally. If not, I kid you not, you should be scared.

Just to let you know, some insights from real economy. My bro is a trucker for JB hunt. He said that never in his life has he seen so little merchandise / goods to carry before Black Friday and Christmas. It is v.  bad in Chicago. You cant sell house in Chicago. The market is frozen.

In Poland we just started to have mass layoffs. The biggest media company just announced them today. Media is the first sector to feel the heat and good canary in the coal mine.

 

cheers

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...